Property photos
Freehold
£1,150,000 pa
(£83.77/sq. ft. pa)
Property to let
Flats 1A-17A, M Cheveley, Carrville DH113,728 sq. ft
Local area information
Property location
Nearby amenities
- Belmont Community School 0.1 miles
- Belmont CofE (Controlled) Primary School 0.1 miles
- Durham 2.3 miles
- Chester-le-Street 5.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 17 flats available but way of a999 year long leasehold at a peppercorn ground rent.
- Comprises two blocks.
- All flats are two bedroom.
- Producing an annual income of £81,864 with two vacant flats.
- Break up potential.
- Rental growth to be capitalised on.
- Offers in the region of £1,150,000 (one million one hundred and fifty thousand pounds) are invited for the long leasehold interests. This represents a low capital value of £83.83 psf, which is lower than replacement cost.
More information
Listed by
London & Cambridge Properties Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - London & Cambridge Properties Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact London & Cambridge Properties Ltd for full details and further information.