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£150,000
Multi Unit Freehold Block of 4no. Flats
Residential investment opportunity for sale on an unbroken freehold title.
The property is a two-storey brick built mid to end terraced unit comprising 4no. self contained flats. Internally arranged to provide Two x 2 Bedroom Flats and Two x 1 Bedroom Flats
Two flats are subject to Assured Shorthold Tenancies whilst two flats are vacant, presenting a significant asset management opportunity. Further details available upon request.
• Flat 1 comprises a First floor Two Bedroom Flat
• Flat 2 comprises a Ground floor One Bedroom Flat
• Flat 3 comprises a Ground floor One Bedroom Flat
• Flat 4 comprises a First floor Two Bedroom Flat
Fronting the A182 trunk road at the intersection of Herrington Burn with the B1286 serving the neighbouring former mining villages of Philadelphia, Shiney Row and Newbottle. The locality benefits from access to all local amenities and good road communications with the A690 dual carriageway intersection located 2 miles south and the city of Sunderland located 3 miles to the east.
Tenure: Freehold | Council Tax: Band A | EPC Rating: Flats 1-3 rating D and flat 4 rating C | Superfast Broadband available | Limited mobile phone coverage |
For Sale By Order of Receivers
Shiney Row Primary School 0.03 miles
New Penshaw Academy 1.0 miles
Newbottle Primary Academy 1.0 miles
Newcastle Airport 19.2 miles
Durham Train Station 9.2 miles
Sunderland Train Station 6.0 miles
All figures are based on a standard repayment mortgage calculated from the information shown here.
I'm a first time buyer
Property is a buy-to-let or second home
Buyer is a non-UK resident
These figures are estimates and are provided for guidance only. This calculation is only a guide.
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