2 bed Flat For Sale £150,000
Burlington House was converted in 2004, creating nine individual residential apartments. Located on the coveted Yarm Road, closely situated to Yarm High Street, Preston Park, Eaglescliffe Golf Club, a bus service, a variety of amenities and a rail station.
Flat 1 is located on the ground floor and is the only apartment which features it's own private entrance. Since purchased in 2015, the current owners have improved the kitchen, floor coverings, replaced the gas boiler and upgraded the shower room. In brief, the accommodation comprises, a welcoming entrance hallway, a modern shower room and two double bedrooms which feature built in storage (bedroom two also features a bay window). The large open-plan living / dining / kitchen also features a lovely bay window, and a fully equipped fitted kitchen - appliances include: fridge, freezer, dishwasher, oven, hob and a washing machine. The property is warmed via a gas central heating system. Externally there is off-street residents parking.
Please note, the property can be offered with vacant possession, however is currently occupied under a long term company tenancy, returning a gross rental yield of 6.5% annually.
The apartment is a LEASEHOLD property which we believe to have commenced in February 2004 and runs until February 3003, therefore with 979 years remaining. There is an annual ground rent payable and this is believed to be £900.00 per annum.
Flat 1 is located on the ground floor and is the only apartment which features it's own private entrance. Since purchased in 2015, the current owners have improved the kitchen, floor coverings, replaced the gas boiler and upgraded the shower room. In brief, the accommodation comprises, a welcoming entrance hallway, a modern shower room and two double bedrooms which feature built in storage (bedroom two also features a bay window). The large open-plan living / dining / kitchen also features a lovely bay window, and a fully equipped fitted kitchen - appliances include: fridge, freezer, dishwasher, oven, hob and a washing machine. The property is warmed via a gas central heating system. Externally there is off-street residents parking.
Please note, the property can be offered with vacant possession, however is currently occupied under a long term company tenancy, returning a gross rental yield of 6.5% annually.
The apartment is a LEASEHOLD property which we believe to have commenced in February 2004 and runs until February 3003, therefore with 979 years remaining. There is an annual ground rent payable and this is believed to be £900.00 per annum.
