INVESTMENT OPPORTUNITY - 47 Bouch Way is a spacious first floor apartment which offers three bedrooms along with a living room, kitchen, bathroom and one allocated parking space.
Situation & Amenities - Bishop Auckland 15 miles, Darlington 17 miles, Durham 25 miles, Newcastle upon Tyne 42 miles, A1(M) 17 miles. Please note all distances are approximate. Situated in the historic market town of Barnard Castle, this property provides easy access to the amenities within the town and its surrounding area. There are a number of nurseries, primary and secondary schools in Barnard Castle including Barnard Castle School and Teesdale School. Darlington and Bishop Auckland are both within close proximity, while the cities of Newcastle, Durham, York and Leeds also easily accessible. The property lies within easy reach of the A66 and A1(M) bringing many areas within commuting distance.
Description - 47 Bouch Way is a first floor apartment with accommodation briefly comprising: Entrance hall. Kitchen with fitted wall and base units, contrasting work surface, sink with mixer tap and drainer, Space for white goods and the following integrated appliances: electric oven, gas hob, extractor hood and dishwasher. Living room with double glazed window to front elevation and electric fire. Three bedrooms. Bathroom with pedestal hand wash basin, bath with shower over, WC, fully tiled walls and vinyl flooring.
Externally - Externally there is one allocated parking space.
Tenant - Please note the property is only available for sale with a sitting tenant. The tenancy is agreed on a AST with a rent of £600pcm.
Council Tax And Local Authority - For Council Tax purposes the property is banded B. Durham County Council [use Contact Agent Button].
Services - Mains electricity, drainage, gas and water. Gas fired central heating.
Particulars - Particulars written in October 2024 Photographs taken in February 2019
Tenure - The property is believed to be offered leasehold. The lease being 150 years from the 1st July 2003 with approximately 129 years remaining. Annual service charge is £750.00 and an annual ground rent of £150.14.
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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