High Street North, Langley Moor, Durham, County Durham, DH7
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
3
- BATHROOMS
2
- SIZE
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- 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
- Superb Investment Opportunity
- Pair Of Self Contained Flats - Including The Freehold
- One Bed Ground Floor Flat
- Two Bedroom First Floor Flat
- Potential Gross Yield Of Over 10%
- Parking To Rear
- Both With Private Front and Rear Access
- • For Sale by Modern Auction – T & C's apply• Subject to Reserve Price• Buyers fees apply• The Modern Method of Auction
Description
Offered for sale through the Modern Method Of Action (Terms and Conditions Apply). Please visit for full details.
Investment Opportunity – Pair of Self-Contained Flats with Freehold
A rare opportunity to acquire a pair of self-contained flats with freehold ownership, offering an excellent investment prospect with a potential gross rental yield exceeding 10%.
Ground Floor Flat:
This well-presented one-bedroom flat features a spacious double bedroom, a generous reception room, and a modern refitted kitchen and bathroom with shower over bath. The property benefits from gas central heating via a combi boiler, double glazing throughout, and newly laid flooring in all main rooms. Private front and rear access is provided, along with off-street parking to the rear.
First Floor Flat:
The upper flat comprises two bedrooms, a bright and spacious reception room with open-plan access to the kitchen, a front entrance hall with stairs to the first-floor landing, and a rear hallway leading to the bathroom and external stairs down to the rear yard, which also provides off-road parking. Cosmetic updating required
Additional Benefits:
Sold with the freehold to the building
Both flats included in the sale
Ideal location close to local shops, schools, and amenities with regular bus services nearby and just 2 miles from the City Centre and mainline Railway Station, enhancing the attractiveness for potential tenants.
This is a superb opportunity for buy-to-let investors seeking strong rental returns in a well-connected and popular residential location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
- 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.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
High Street North, Langley Moor, Durham, County Durham, DH7
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Visit our security centre to find out moreDisclaimer - Property reference 10691973. 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 Dowen, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Dowen, Durham on 0191 625 0118.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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