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Addison Street, ., Crook, Durham, DL15 9EG

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Popular Location
  • Current Tenant Paying £500
  • Strong Rental Yield
  • Top Floor Apartment
  • Two bedroom
  • Council Tax Band A

Description

Pattinson Estate Agents are pleased to offer this two-bedroom top-floor flat on Addison Street, Crook. Sold with a tenant in situ, the property is currently generating £500 per calendar month, making it an opportunity for investors seeking an existing rental income.

The accommodation comprises an entrance hall with storage, an open-plan kitchen and living room, two bedrooms and a bathroom with a shower over the bath. The flat is accessed through a communal entrance at the front of the building.

Crook town centre offers a range of shops, supermarkets, cafés and everyday amenities, with road links to Bishop Auckland, Durham and the surrounding areas.

At an asking price of £55,000, the current rent equates to a gross rental yield of approximately 10.9%, before costs. Please contact Pattinson Estate Agents for further information or to arrange a viewing.

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 980

External

The flat forms part of a three-storey brick building on Addison Street, with access through a communal entrance at the front.

Living Room/Kitchen

A combined kitchen and living space with windows providing natural light. The kitchen has light wood-effect units, dark worktops, an integrated oven and hob, extractor hood and space for a washing machine. The living area has wood-effect flooring and room for seating.

Bedroom One

2.22m x 4.58m

A bedroom with space for a double bed and freestanding storage. A window provides natural light, while a radiator and carpeted flooring complete the room.

Bedroom Two

3.14m x 2.44m

A second bedroom with space for a single bed and freestanding storage. It has a window, radiator and carpeted flooring.

Bathroom

2.56m x 1.41m

Fitted with a bath and shower over, glass shower screen, wash basin and WC. The room has tiled walls and flooring, a radiator and a frosted window.

Brochures

Brochure
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.
On street
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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Addison Street, ., Crook, Durham, DL15 9EG

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Affordability

Monthly repayments£274
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 5.24%
Term: 30 years
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Renovation potential
Recently sold & under offer
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About Pattinson Estate Agents, Gilesgate

105 Gilesgate Gilesgate Durham DH1 1JA
Industry affiliations:Industry affiliation logo 0

Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency.

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Disclaimer - Property reference 491446. 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 Pattinson Estate Agents, Gilesgate. 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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