1 /30
£225,000
Durham Road, Chilton, DL17
- 5 beds
£225,000
- 5 beds
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Estimate monthly mortgage payment:
£1,027 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£11,250
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EXCELLENT INVESTMENT OPPORTUNITY!! A block of FOUR INDEPENDENT APARTMENTS in the village of Chilton which is located approximately 9 miles south of Durham City and is just five miles from the A1m. The FREEHOLD property is split into four, self-contained apartments (two ground floor, two first floor) three of which are currently let on periodic tenancies. 23a is a one bedroom, ground floor apartment with a rent of �375pcm. 23b is a first floor apartment with one bedroom and has a current rent of �415pcm. 24a is a one bedroom ground floor apartment which has a current rent of �350pcm. 24B is a one bedroom first floor apartment which is currently vacant and would also attract a monthly rent of �425pcm. Each of the apartments has a large, open plan living room and kitchen area, a double bedroom and a bathroom. 24a also has a good-sized, additional room to the rear which has a door to a rear yard area with timber decking. Viewing is strongly recommended on this rare to the market, investment opportunity.
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£1,027 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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