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Back to search: Ferryhill or Rushyford Drive

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5 bed Not Specified property

Available

For Sale

Listed Jul 16, 2025

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£225,000

Available

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Description

EXCELLENT INVESTMENT OPPORTUNITY!! A block of FOUR INDEPENDENT APARTMENTS in the village of Chilton which is located approximately 9 miles south of Durham City and is just five miles from the A1m. The FREEHOLD property is split into four, self contained apartments two ground floor, two first floor three of which are currently let on periodic tenancies. 23a is a one bedroom, ground floor apartment with a rent of £375pcm. 23b is a first floor apartment with one bedroom and has a current rent of £415pcm. 24a is a one bedroom ground floor apartment which has a current rent of £350pcm. 24B is a one bedroom first floor apartment which is currently vacant and would also attract a monthly rent of £425pcm. Each of the apartments has a large, open plan living room and kitchen area, a double bedroom and a bathroom. 24a also has a good sized, additional room to the rear which has a door to a rear yard area with timber decking. Viewing is strongly recommended on this rare to the market, investment opportunity.