Station Road, Stanley, DH9

Property Details: • Type: Commercial Property • Tenure: N/A • Floor Area: N/A

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

Location: • Nearest Station: Chester-le-Street Station • Distance to Station: 4.9 miles

Agent Information: • Address: Suite 5, Europa House Gerrards Cross, SL9 8BQ

Full Description: Investment Portfolio – 9 self contained 1 and 2 bedroomed apartments, Station Road, Stanley. DH9BUY TO LET INVESTORS ONLY – SOLD WITH TENANTS IN SITUWITH PLANNING PERMISSIONRENTAL INCOME - £48,960GROSS YIELD - 9.8%TENURE – FreeholdCOUNCIL TAX BAND – AEPC 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