2 bed flat for sale in Woods Terrace, Murton, Seaham (ref: RS0455)

NGU Homes are pleased to bring to the market 26 and 26a Woods Terrace, Murton, Seaham, a pair of two bedroom flats offered for sale together, both currently tenanted and generating an immediate combined rental income of £1,000 per calendar month.

Tenant in Situ:

Both flats are offered for sale together, with 26 Woods Terrace currently let at £470 per calendar month and 26a Woods Terrace let at £530 per calendar month, providing an investor with immediate rental income from day one across both units, with no void periods to consider.

EPC rating C on Both Flats:

Both properties benefit from an EPC rating of C, offering reassurance of reasonable running costs for tenants and a helpful factor in maintaining strong rental demand across both units.

Well connected Murton location:

The properties are conveniently placed for local amenities, with Murton Primary school just a couple of minutes away on foot. Seaham town centre is approximately an 8 minute drive, offering a range of shops, dining and coastal amenities, while Sunderland city centre is roughly a 15 minute drive, providing a wider choice of retail and leisure facilities. The properties also benefit from good road links via the A19, approximately a 3 minute drive away.

Both flats follow a similar layout throughout. Upon entering, you are welcomed into a comfortable living room, that leads through into the kitchen. The kitchen is fitted with a practical range of base units and complemented by contrasting worktops.

Each flat offers one double bedroom and one further single bedroom, both providing comfortable accommodation for tenants.

The bathroom in each flat comprises a bath with overhead shower, wash basin and WC, finished with part tiled walls.

Externally, both flats share access to a rear yard, providing outdoor space and bin storage.

Council Tax Band: A (Durham County Council)
Tenure: Leasehold (983 years)
Ground Rent: £1 per year
Service Charge: £0 per year
999 years from 2010

Purchasing the Freehold of both properties.
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains