>
82 Gibbs Court, Chester le Street... 1 bed apartment for sale
82 Gibbs Court, Chester le Street, County Durham DH2 3DG
£30,000
82 Gibbs Court, Chester le Street, County Durham DH2 3DG
£30,000
Our Summary
- Auction Commencing on Monday 12th January at 1pm and ending 24 hours later on Tuesday 13th January at 1pm with Auction House North EastPlease register to bid via our website - auctionhouse
- Tenanted Investment Opportunity – £575 PCMOffered for sale by auction is this well-presented one-bedroom ground floor flat, situated within the popular and established residential development of Gibbs Court, DH2 3DG
- Investment Summary:Let at £575 PCM£6,900 per annum gross incomeGround floor one-bedroom flatPopular residential developmentIdeal auction investment opportunityTenanted and income producing from completionThis property is recommended for investors seeking a straightforward, income-producing asset to add to their portfolio
Description
A one-bedroom ground floor flat in the popular Gibbs Court development is being offered for sale by auction through Auction House North East. The property is currently let, producing an annual income of £6,900, making it an attractive buy-to-let investment opportunity. The flat extends to approximately 47 sq. metres and features a spacious living room, fitted kitchen, double bedroom, and bathroom. The property benefits from double glazing and a practical layout, suitable for long-term rental demand. The location offers convenient access to local amenities, transport links, and surrounding towns, supporting continued tenant demand. The property is being sold with a tenancy in place and is recommended for investors seeking a straightforward, income-producing asset to add to their portfolio. Viewings are strictly by appointment, and a full legal pack is available on request.