5 Bedroom house
Finchale Road, Framwellgate Moor , Durham
£250,000
Offers In Region
Property Description
**Attention Investors** This five-bedroom extended semi-detached property presents an excellent investment opportunity, with a student tenancy commencing on 1 September and generating a monthly rental income of £2,682.31 (over 10 months).
The property is accessed via an entrance porch leading into the hallway, with a downstairs WC. The generous lounge and dining room are open plan, while the separate fitted kitchen provides additional functionality.
The accommodation comprises two ground-floor bedrooms and three first-floor bedrooms. One of the first-floor bedrooms benefits from sliding doors leading to a large storage area. A bathroom with a white suite completes the first-floor accommodation.
Externally, the property benefits from a rear garden. The property also features gas central heating.
Situated in the popular village of Framwellgate Moor, the property is conveniently located close to a range of local shops, pubs and takeaways. Further shops and amenities can be found at the Arnison Retail Centre, while Durham City Centre is approximately two miles away.
The local public transport network provides regular access to the surrounding areas, making the property particularly well positioned for student tenants.
MATERIAL INFORMATION:
The information below is provided in accordance with the consumer protection requirements of the Digital Markets, Competition and Consumers Act 2024 and is intended to highlight matters which may be material to a prospective purchaser when deciding whether to view, offer on or proceed with this property.
PART A
Local Authority – Durham County Council
Council Tax Band – A
Tenure – Freehold
PART B
Property Type – Semi-Detached
Property Construction – Standard
Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls
Gas Supply- Mains
Electricity supply – Mains
Water Supply – Mains (not metered)
Sewerage – Mains
Heating – Gas fired central heating via radiators
Estimated Mobile phone coverage – Please refer to the Ofcom Website - https://checker.ofcom.org.uk/en-gb/mobile-coverage
Estimated Broadband Download speeds – please refer to the Ofcom Website – https://checker.ofcom.org.uk/en-gb/broadband-coverage
Parking- On-Street Parking (No Permit)
PART C
Building Safety – (The Vendor is not aware of any Building Safety issues. However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm)
Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – No
Article 4 Planning Restricted area – the property is subject to Article 4 Direction
Conservation Area – N/A
Rights & Easements- None
Flood risk – Rivers and seas: Very Low / Surface water: Very Low
Coastal Erosion – N/A
Protected Trees - NA
Planning Permission – There are no current planning applications in the locality that we are aware of. Or planning details that are known
Accessibility/Adaptations – The property has not been altered for accessibility
Mining Area – Coal Mining Reporting Area, further searches may be required.
The information has been obtained from the seller and, where appropriate, from publicly available or other relevant sources, and has been compiled in good faith. Information supplied by third parties or external sources may be subject to change.
J W Wood is not qualified to provide legal, surveying, structural or other specialist advice. Where any information requires legal or technical interpretation, or where any matter is of particular importance to your decision to purchase, you should seek appropriate verification from your conveyancer, surveyor or other suitably qualified professional before committing to significant expenditure.
Buyer Identity & AML Checks
Estate agents are subject to legal obligations under anti-money laundering legislation and, where applicable, are supervised by HM Revenue & Customs (HMRC) for compliance with those requirements. A £35 including VAT fee per purchaser applies for these checks.
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Floorplans
For more information or to arrange a viewing, please contact our Durham office
Property Reference: DUR250072