Property photos
Freehold
£250,000
9 bed flat for sale
The Waterhouse, Front Street, Hetton-Le-Hole, Houghton Le Spring, Tyne And Wear DH59 beds
4 baths
4 receptions
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Hetton Primary School 0.3 miles
- Hetton School 0.3 miles
- Seaham 4.6 miles
- Chester-le-Street 5.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 4 flats
- 1 x 3 bed
- 3 x 2 bed
- Investment and development opportunity
- Annual rent of £24,600
- Long term tenants
- Large desiginated parking area
- Close to excellent local amenities
- Freehold
Calling all investors
Excellent opportunity to acquire a block of 4 tenanted flats situated on Hetton Le Hole front street at the corner of Office Place. The property benefits from being close to excellent local amenities and has easy access to the A690, A1, and the A19.
Each Flat is self contained and benefits from gas central heating, double glazing, kitchen and bathroom. The property also benefits from an enclosed yard with a gate that has parking for up to 8 cars.
Flat 1
- Living Room
- Kitchen
- 3 Bedrooms
- Bathroom
Flats 2,3, and 4
- Living Room
- Kitchen
- 2 Bedrooms
- Bathroom
flat 1 let at £7200 per annum
flat 2 let at £7200 per annum
flat 3 let at £4800 per annum
flat 4 let at £5400 per annum
Achieving a total rent of £24,600 per annum giving a gross yield of 8.5% with potential to redevelop further.
Situated on a large plot, we expect strong demand so do not delay in booking a viewing.
Excellent opportunity to acquire a block of 4 tenanted flats situated on Hetton Le Hole front street at the corner of Office Place. The property benefits from being close to excellent local amenities and has easy access to the A690, A1, and the A19.
Each Flat is self contained and benefits from gas central heating, double glazing, kitchen and bathroom. The property also benefits from an enclosed yard with a gate that has parking for up to 8 cars.
Flat 1
- Living Room
- Kitchen
- 3 Bedrooms
- Bathroom
Flats 2,3, and 4
- Living Room
- Kitchen
- 2 Bedrooms
- Bathroom
flat 1 let at £7200 per annum
flat 2 let at £7200 per annum
flat 3 let at £4800 per annum
flat 4 let at £5400 per annum
Achieving a total rent of £24,600 per annum giving a gross yield of 8.5% with potential to redevelop further.
Situated on a large plot, we expect strong demand so do not delay in booking a viewing.
Floor plans and tours
Floor plans (8)
Tours
No virtual tour available
More information
Listed by
Ewemove Sales & Lettings - Washington & Houghton le Spring
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