48, Albert Street, Grange Villa, DH2 3LR

Sold with pre existing tenants paying £525pcm, geerating a yield of 10.5%!

Sylvester Properties are delighted to welcome to the sales market this superb two bedroom property situated in the popular area of Grange Villa.

Sylvester Properties are delighted to welcome to the sales market this superb two bedroom property situated in the popular area of Grange Villa.

The floor plan of this property briefly compromises of a spacious lounge area, kitchen, two double bedrooms and a bathroom. Kitchen This large kitchen diner is finished to a high standard.

Modern white wall and base units are complimented by wooden work surfaces and black flooring. There is ample space in the kitchen for a dining room table.

Lounge The family lounge lies to the front of the property. This room benefits from a neutral décor, wall to wall carpets, storage shelves and a large alcove opening the room further.

Master bedroom The master bedroom is of a lies to the front of the property. This room boasts neutral tones and fitted wall to wall carpets.

Also featured within the master bedroom is a built in cupboard.

Second bedroom The second bedroom is to the rear of the property and again boasts neutral décor, a large double glazed window and fitted carpet.

Bathroom The bathroom benefits from a fully fitted white three piece suite, comprising of bath, over bath shower, pedestal style hand basin and W.C To the rear of the property there is an enclosed yard.

About the area Grange Villa has been undergoing regeneration since 2004 including the introduction of speed bumps and a local community centre which is used by locals for a range of both educational and recreational activities.

Grange Villa is located in close proximity to Pelton, -which offers a range of primary schools- Stanley and Chester Le Street.

Excellent transport links also provide access to both Newcastle and Durham perfect for those wishing to commute.

Important note to purchasers/tenants Making an Offer All offers must be supported with: A mortgage Agreement in Principle (if applicable) Proof of deposit and/or available funds Full details of your buying chain, including estate agents and solicitors Under Money Laundering Regulations, we must also see proof of id for all buyers before we can issue an offer acceptance letter or instruct solicitors.

Important Information We aim to provide accurate property details, but they do not form part of any offer or contract. Services and appliances have not been tested.

Photos, measurements, and floor plans are for guidance only and may not be exact. If you need clarification on anything, please contact us-especially if travelling a long distance to view.

For Buyers Any fixtures and fittings not listed should be confirmed with the seller directly. For Tenants Most properties have a minimum tenancy term-please ask the branch for details.

A security deposit of at least one month’s rent is required. Rent is paid monthly in advance. Tenants must insure their own belongings.

Tenants are usually responsible for all utility bills and Council Tax.

Referral Fees In accordance with the Estate Agents’ (Provision of Information) Regulations 1991 and the Consumer Protection from Unfair Trading Regulations 2008, we are required to inform you that we may receive referral fees for services offered to sellers and purchasers.

These may include: Conveyancing: We may receive an average referral fee of £120.00 inv VAT. Surveying services: We may receive an average referral fee of £120.00 inc VAT.