This generously proportioned upper-floor apartment is centrally located within only a couple of minutes' walk of town centre amenities. It has a security entry system, gas central heating via radiators with a Baxi combination boiler and uPVC double glazing. The size and layout of the accommodation must be seen to be appreciated and the elevated position means the property enjoys far-reaching views over Chester le Street to Lumley Castle, the Emirates First Class County Cricket Ground, and Penshaw Monument. Offered at a very attractive asking price, the apartment offers an opportunity to purchase a property which will offer a good living standard at a very affordable price. An ideal first-time buy whilst also appealing to investors looking for a quality addition to investment portfolios.
Gibbs Court is located within immediate walking distance of the town centre and is very conveniently placed for access to the many shops, restaurants and bars in Chester le Street. The town is an excellent base for commuting throughout the region via the A1(M) interchange and the public transport system linking Chester le Street with Newcastle, Gateshead, Sunderland, Stanley, Durham and Darlington. The nearby railway station forms part of the East Coast main line allowing quick commuting to Durham City and Newcastle upon Tyne.
Agents Notes: Tenure: Leasehold Term: 125 years from 17 November 1989 Ground Rent: £10per annum payable yearly in advance on 1st April Covenants: Standard estate covenants affect the property. Details are referred to within the Land Registry Title Register and contained within the Lease dated 29th November 1991 from Chester le Street District Council, which are available for inspection. Council Tax Band: A (Durham County Council) Conservation Area: No Selective Licencing Area: No Mains Services: Gas, Electricity, Water, Sewage Broadband: Superfast fibre broadband is available in the postcode 80mb/s. BT and Sky satellite/fibre TV are also available. Mobile Coverage: Major networks provide mobile coverage. Flood Risk: Rivers & Seas – No Risk; Surface Water – Low
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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