Block of Apartments

Commercial Street, Crook DL159HR

Size: sqm

Purchase price

£85,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,960
Lettings fees £808
Net income £6,152
Gross yield 8.19%
Net yield 7.24%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Residential house converted into 2 apartments


EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS!

yieldit are pleased to present this fantastic investment opportunity located in Crook, Durham. Originally a 3 bedroom terraced, the property has been converted into 2 apartments offering two separate streams of rental income.

At ground level we have a 1 bedroom apartment comprising of: private entrance into a closed kitchen area with white goods; spacious open plan living room with views out to the private garden; well kept modern bathroom; separate storage room and a large bedroom offering a high degree of natural light .

On the first floor we have a staircase leading up to the property which leads to you an entrance hallway; large kitchen area inclusive of white goods, master bedroom offering views out to the country side and a second smaller bedroom.

Crook is a historic market town in County Durham, in the North East located a couple of miles north of the River Wear. Durham is a university city. their Durham University being one of the UK’s top universities and a globally outstanding centre of teaching and research excellence. Durham University has around 17,500 students in total.

County Durham is a low property price area offering cheap property opportunities for investors. Property prices in the City of Durham area are generally a little higher than the County Durham average. According to Rightmove and Zoopla, the property prices in Durham start at around £35,000, although they go up to around £1.7 million for the priciest properties.

Interested in this property? Enquire today for more information

Key features

Key features

Residential Conversion

Key features

Freehold

Key features

Earn Instant Income

Key features

1 & 2 Bedroom Apartments

Key features

Walking Distance To Town Centre & Schools

Key features

Freehold

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! Residential house converted into 2 apartments More info...

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS!

yieldit are pleased to present this fantastic investment opportunity located in Crook, Durham. Originally a 3 bedroom terraced, the property has been converted into 2 apartments offering two separate streams of rental income.

At ground level we have a 1 bedroom apartment comprising of: private entrance into a closed kitchen area with white goods; spacious open plan living room with views out to the private garden; well kept modern bathroom; separate storage room and a large bedroom offering a high degree of natural light .

On the first floor we have a staircase leading up to the property which leads to you an entrance hallway; large kitchen area inclusive of white goods, master bedroom offering views out to the country side and a second smaller bedroom.

Crook is a historic market town in County Durham, in the North East located a couple of miles north of the River Wear. Durham is a university city. their Durham University being one of the UK’s top universities and a globally outstanding centre of teaching and research excellence. Durham University has around 17,500 students in total.

County Durham is a low property price area offering cheap property opportunities for investors. Property prices in the City of Durham area are generally a little higher than the County Durham average. According to Rightmove and Zoopla, the property prices in Durham start at around £35,000, although they go up to around £1.7 million for the priciest properties.

  • Key features
    Tick Desktop Residential Conversion
    Tick Desktop Freehold
    Tick Desktop Earn Instant Income
    Tick Desktop 1 & 2 Bedroom Apartments
    Tick Desktop Walking Distance To Town Centre & Schools
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £6,960
Lettings fees £808
Net income £6,152
Gross yield 8.19%
Net yield 7.24%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.