Front Street, Hetton-Le-Hole, Houghton Le Spring
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
7
- 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
- INVESTMENT AND DEVELOPMENT OPPORTUNITY
- ANNUAL RENT OF £24,600
- 4 FLATS
- 3 x 2 BED
- 1 x 3 BED
- LONG TERM TENANTS
- CLOSE TO EXCELLENT LOCAL AMENITIES
- FREEHOLD
- OFF STREET PARKING AREA
Description
Further Information - 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.
Please Note - Please note that all sizes have been measured with an electronic measuring tape and are approximations only. Under the terms of the The Consumer Protection from Unfair Trading Regulations 2008 we are obliged to point out that none of the services described in these particulars have been tested by ourselves. We present these details of the property in good faith and they were accurate at the time at which we inspected the property. These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of presentation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms employment has the authority to make or give any representation or warranty in respect of the property.
Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it.
Mortgage Advice - It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance. If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation. This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service.
Brochures
Front Street, Hetton-Le-Hole, Houghton Le SpringBrochureEnergy performance certificate - ask agent
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
Front Street, Hetton-Le-Hole, Houghton Le Spring
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Seaham Station4.6 miles
About the agent
Janine Hegarty Bell Estate Agents, Houghon Le Spring
Haroldville, Gillas Lane East, Houghton Le Spring, DH5 8LB
Janine has decades of experience in the industry offering a truly personalised estate agency service that cannot be beaten!! A face-to-face, personal service delivering the very best customer service and communication. All properties are marketed effectively on major property portals and across social media platforms giving our customers the best chance of success at a fixed fee.
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32921850. 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 Janine Hegarty Bell Estate Agents, Houghon Le Spring. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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