The Waterhouse, Front Street, Hetton-le-Hole, Houghton le Spring, Tyne And Wear, DH5
- PROPERTY TYPE
Flat
- BEDROOMS
9
- BATHROOMS
4
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- 4 FLATS
- 1 x 3 BED
- 3 x 2 BED
- INVESTMENT AND DEVELOPMENT OPPORTUNITY
- ANNUAL RENT OF £24,600
- LONG TERM TENANTS
- LARGE DESIGINATED PARKING AREA
- CLOSE TO EXCELLENT LOCAL AMENITIES
- FREEHOLD
Description
CALLING ALL INVESTORS
Excellent opportunity to acquire a block of 4 tenanted flats situated on Hetton Le Hole front street at the corner of Office Place. The property benefits from being close to excellent local amenities and has easy access to the A690, A1, and the A19.
Each Flat is self contained and benefits from gas central heating, double glazing, kitchen and bathroom. The property also benefits from an enclosed yard with a gate that has parking for up to 8 cars.
Flat 1
- Living Room
- Kitchen
- 3 Bedrooms
- Bathroom
Flats 2,3, and 4
- Living Room
- Kitchen
- 2 Bedrooms
- Bathroom
FLAT 1 let at £7200 per annum
FLAT 2 let at £7200 per annum
FLAT 3 let at £4800 per annum
FLAT 4 let at £5400 per annum
Achieving a total rent of £24,600 per annum giving a gross yield of 8.5% with potential to redevelop further.
Situated on a LARGE PLOT, we expect strong demand so do not delay in booking a viewing.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
The Waterhouse, Front Street, Hetton-le-Hole, Houghton le Spring, Tyne And Wear, DH5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Seaham Station4.6 miles
About the agent
EweMove, North East England
Cavendish House Littlewood Drive, West 26 Industrial Estate, Cleckheaton, BD19 4TE
EweMove are one of the UK's leading estate agencies thanks to thousands of 5 Star reviews from happy customers on independent review website Trustpilot. (Reference: November 2018, https://uk.trustpilot.com/categories/real-estate-agent)
Our philosophy is simple: the customer is at the heart of everything we do.
Our agents pride themselves on providing an exceptional customer experience, whether you are a vendor, landlord, buyer or tenant.
EweMove embrace the very latest techn
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Visit our security centre to find out moreDisclaimer - Property reference 10421036. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by EweMove, North East England. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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