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COMMERCIAL

Station Road, Stanley, DH9

Offers in Excess of
£500,000
Move Places Limited, Gerrards Cross
PROPERTY TYPE

Commercial Property

BEDROOMS

16

BATHROOMS

9

SIZE

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Key features

  • BUY TO LET INVESTORS ONLY – SOLD WITH TENANTS IN SITU
  • Tenure – Freehold
  • Rental Income – £48,960pa
  • Yield – 9.8%
  • 9 self contained 1 and 2 bed apartments
  • Private Car Park
  • Benefits from planning permission for further 20 apartments/parking on adjacent land
  • Council Tax Band - A

Description

Investment Portfolio – 9 self contained 1 and 2 bedroomed apartments, Station Road, Stanley. DH9

BUY TO LET INVESTORS ONLY – SOLD WITH TENANTS IN SITU

WITH PLANNING PERMISSION

RENTAL INCOME - £48,960
GROSS YIELD - 9.8%

TENURE – Freehold
COUNCIL TAX BAND – A
EPC Ratings:

Flat 1 - B (Potential - B)
Flat 2 - C (Potential - C)
Flat 3 - C (Potential - C)
Flat 4 - B (Potential - B)
Flat 5 - B (Potential - B)
Flat 6 - C (Potential - C)
Flat 7 - C (Potential - C)
Flat 8 - C (Potential - C)
Flat 9 - C (Potential - C)

A unique opportunity to purchase this attractive building, which spreads across 3 floors, and contains 9 self contained 1 and 2 bed apartments. The property benefits from gas central heating, and private parking within a private car park.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: MP has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: MP has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

A Buyer’s Reservation Fee forms part of any agreed purchase price. Please contact branch for more information.


EPC Rating: E

Station Road, Stanley, DH9

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Chester-le-Street Station4.9 miles

About the agent

Move Places Limited, Gerrards Cross

Suite 5, Europa House Gerrards Cross, SL9 8BQ

Move Places Limited, Gerrards Cross

Move Places is a revolutionary process which aims to transform the property selling process; allowing buyers and sellers to trade property within the convenience of their home. We take the stress out of the buying and selling process by making the whole process quick and easy. We specialise in helping buyers and sellers to exchange properties of all types, without the lengthy time, uncertainty and expense that comes along with advertising with a traditional estate agent.

More properties from this agent

Industry affiliations

Ombudsman for Estate Agents and Lettings Estate Agents

Notes

These notes are private, only you can see them.

Disclaimer - Property reference f2cb18f5-e516-4a65-9b27-b088cf7bf0c2. 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 Move Places Limited, Gerrards Cross. 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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