Durham Road, Chilton, County Durham... 5 bed block of apartments for sale

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Durham Road, Chilton, County Durham... 5 bed block of apartments for sale

Durham Road, Chilton, County Durham, DL17
£200,000

Our Summary

  • EXCELLENT INVESTMENT OPPORTUNITY
  • Viewing is strongly recommended on this rare to the market, investment opportunity
  • Excellent investment opportunity

Description

This is an excellent investment opportunity in the village of Chilton, approximately 9 miles south of Durham City and 5 miles from the A1m. The freehold property is divided into four self-contained apartments, three of which are currently let on periodic tenancies. The apartments are a mix of one and two-bedroom units, with three currently occupied and one vacant. Each apartment has a large open-plan living room and kitchen area, a double bedroom, and a bathroom. One of the apartments also has an additional room and a rear yard with decking. With the potential for a monthly rent of £350-£425 per apartment, this is a rare opportunity for investors to capitalize on the growing demand for rental properties in the area. Viewings are strongly recommended to appreciate the full potential of this investment opportunity.