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Parsons Road, Washington

PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

1

SIZE

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Parsons Sale.jpg
1

Description

A superb opportunity to purchase an investment property within this new development of 40 apartments, all with modern contemporary styling and including white goods.

Situated just off the A182 in Washington, the area is undergoing a resurgence with a good deal of growth and development through regeneration.

Washingtons prime location provides excellent connectivity via the A1(M) and A19, facilitating access to major economic hubs in the North East. The North East also boasts some of the most beautiful scenery in the UK and the closeness of Coastline and Countryside is unmatched.

This location is ideal for those who appreciate the balance of urban convenience and suburban tranquillity. Washington boasts a variety of local amenities, including shops, parks, and excellent transport links, making it an attractive option for potential tenants or future homeowners.

There is a range of 1 and 2 bedroom apartments available, with varying floorplans, layouts and sizes, one to suit almost any budget. 24 of the properties are current let on 6 to 12 month AST tenancies, giving the discerning investor an immediate return on completion. Whilst others are currently being let as short stay, serviced accommodation.

Prices start from £79,950 for a 1 bedroom studio, and from £90,000 for a 2 bedroom apartment

Gross Yields are around 8%, although will vary depending on purchase price and rental income.

A £2000 non-refundable deposit is required to reserve you chosen apartment.

Please get in touch on (Option 3) for more information and to discuss options and viewings.

Brochures

Parsons Road, WashingtonBrochure
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
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Parsons Road, Washington

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About Toast Estates, Durham

2a Rennys Lane, Gilesgate, Durham, DH1 2RW
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Our Head Office is based in Durham City, famous for its Cathedral and its University, which is one of the top 10 ten in the UK. Established over a 1000 years ago, on the River Wear the city has much to offer with a mix of historic and contemporary styles, in both its architecture and its culture.

Established in 2011 by our now Director Daniel, who started from scratch, the business has gone from strength to strength has grown to now encompass a group of companies, including Toast Estates, Toast Stays, Toast Housekeeping, Toast Maintenance and Toast Interiors.

We now employ close to 30 people across these companies and are continuing to grow, making us one of the most experienced and well thought of companies across the sector.

We offer a one stop shop to our clients with a portfolio of services including Residential Sales & Lettings, property management and through our sister organisations managed short term lettings, housekeeping & cleaning, maintenance and interiors

This comprehensive approach ensures landlords have peace of mind, knowing that every aspect, purchasing to selling / renting, from cleaning to maintenance is handled efficiently and cost-effectively.

Your mortgage

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Disclaimer - Property reference 33781414. 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 Toast Estates, Durham. 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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