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Ready Let Investment – Poplar Street, Chester Le Street, DH2

40 Poplar St, Chester-le-Street, Chester le Street DH3 3DL, UK
Offers In The Region Of£75,000/£2,000 Soucing Fee

Description

  • Currently Tenanted
    • Tenancy Start Date (05/10/2018)
  • Gross Annual Rental Return – 6.8%
  • Town Centre Location
  • 0.2 Miles To The Train Station
  • Full Deposit Held

This well presented two bed house is situated in the ideally located in the town of Chester Le Street.

The Chester Le Street area has excellent transport links and close proximity to surrounding cities & towns.
Historically a market town, the town to this day offers excellent amenities inclusive but not limited to the following (all distances are given in using the Poplar property as a start point):

  • Chester Le Street High Street (0.2 miles)
    • A thriving high street inclusive of shops, restaurants, bars, markets and many other local businesses.
  • Chester Le Street Train Station (0.2 miles)
    • Linking Darlington, York, Leeds, Manchester Victoria, Liverpool Lime Street & Newcastle.
  • Chester Le Street Hospital (0.3 miles)
  • Morrisons supermarket & a Tesco Superstore (0.4 miles)
  • Emirates Cricket Stadium (0.9 miles)
  • Chester Le Street Golf Course (1.1 miles)

Chester le Street has excellent road links with the A167 to Durham/Darlington passing through the town and the A1 Motorway (1.7 Miles); which leads from Edinburgh to London. Meaning all nearby towns/cities are high accessible:

  • Washington (5.5 miles) – Home to the Nissan manufacturing plant (one of the largest employers in the region).
  • Durham City (6.4 miles)
  • Gateshead (9 miles)
  • Newcastle (11.5 miles)
  • Newcastle Airport (18 miles)

Thus, excellent for commuters.

The house is currently let to a working couple, which moved into the property 05/10/2018 agreeing to a monthly rental income of £5,100 annually. The couple have paid a deposit in full and have signed a 6 month tenancy for the property (which we recommend for the initial term). These, of course, would be transfered to the buyer upon exchange.

Accommodation briefly comprises; hall, lounge with fireplace, fully fitted kitchen with white goods, two good sized bedrooms and a family bathroom with shower over bath.

Other benefits include; gas central heating, double glazing and a rear yard with outhouse.

Entrance
Small entrance with stairs to first floor and door to…

Lounge
Spacious lounge with 2 x double glazed windows, radiator, a ,fire set in feature surround, neutral colour scheme storage cupboard and door to.

Kitchen
Fitted with a selection of wall and base units with contrasting surfaces, splash back tiling, electric oven and gas hob, stainless steel sink unit double glazed window, radiator, ceramic floor tiles and door to rear yard,

 

First-floor landing

With doors to….

Bathroom
With with white three piece suite comprising, panelled bath with shower over, low level WC, pedestal wash basin, tiling to walls, frosted double glazed window, vinyl floor covering and radiator

Bedroom One
With a neutral colour scheme, built in cupboards, radiator and a double glazed window

Bedroom Two
With a neutral colour scheme and a double glazed window

Dressing Room/Storage Room
Additional room with a neutral colour scheme and double glazed window

External
There is a yard to the rear with storage shed.

  • Address: 40 Poplar St, Chester-le-Street, Chester le Street DH3 3DL, UK
  • Country: United Kingdom

Detail

Updated on November 8, 2018 at 12:00 pm

  • Property ID: 5115
  • Price: Offers In The Region Of £75,000/£2,000 Soucing Fee
  • Bedrooms: 2
  • Bathrooms: 1
  • Property Type: Houses
  • Property Status: For Sale

Contact info

Nicholas Ward
Nicholas Ward
01914141744

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