2 bedroom apartment for sale

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2 bedroom apartment for sale

Swain Court, Middleton St George, Darlington
£110,000

Our Summary

  • ** INVESTMENT OPPORTUNITY ** SOLD WITH TENANT IN SITU ** PERIODIC TENANCY - PAYING £7200pa RENT **Swain Court is superbly positioned within this highly desirable picturesque village of Middleton St George, conveniently placed for a host of excellent amenities including post office, shops, doctors surgery, pharmacy, bus routes and also being ideally placed for Tees Valley Airport

Description

Located in the picturesque village of Middleton St George, Swain Court is a highly desirable apartment complex that offers a rare investment opportunity. The property is a larger than average two double bedroom ground floor apartment, boasting a stunning and spacious modern bathroom with separate shower cubicle, open plan living/dining kitchen area, and underfloor heating throughout. The property is currently let out on a periodic tenancy, paying £7200 per annum, and comes with communal gardens and allocated parking. With a leasehold tenure and a lease term of 999 years from 1 January 2005, the current ground rent is £150 per annum and management fees are £1200 per annum. This is an excellent opportunity for an investor looking to generate a strong rental income in a sought-after location.
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