Wensley Close, Ouston, Chester Le... 2 bed flat for sale

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Wensley Close, Ouston, Chester Le... 2 bed flat for sale

Wensley Close, Ouston, Chester Le Street, DH2
£49,950

Our Summary

  • FOR SALE BY AUCTIONOnline Auction Online Auction Thursday 29th May 202510:00 am - Bidding opens 24 hours priorA modern two bedroom ground floor flat with a garage and a good size westerly facing back garden, occupying a cul de sac position within this popular residential estate
  • Excellent Investment Opportunity
  • FOR SALE BY AUCTION
  • For sale by auction
  • Online Auction Monday 31st March 2025

Description

This modern two-bedroom ground floor flat is located in a cul-de-sac within the popular Urpeth Grange estate, offering a west-facing back garden and a garage in a nearby block. The property features uPVC double glazing, gas-fired central heating, and a replacement combination boiler from 2023. With a potential yield between 12% and 14%, it's suitable for first-time buyers or investors. The flat is situated near Chester-le-Street and Birtley town centers, with easy access to Gateshead, Newcastle upon Tyne, Durham City, and Sunderland. The property is leasehold, with a remaining term of 48 years and an annual ground rent of £15. With a range of shops, schools, and amenities nearby, this flat offers a great opportunity for those looking for a convenient and affordable living space.