An excellent opportunity to acquire one of the few ground floor luxury apartments in Central Exchange, which includes an adjacent parking space and access to the communal gardens. Central Exchange has an excellent location in terms of convenience, with immediate access to town centre shops, schools and amenities. The apartment offers spacious and beautifully presented accommodation, which will undoubtedly impress viewing. There are very high specifications, including uPVC double glazing, an electric heating system, an alarm system, a video security entry system, attractive Karndean flooring, chrome switches and sockets, and an integral Sky TV within the building. The property is accessed via a long entrance hall with recessed downlighters and wall-mounted up-lighters. The impressive open-plan living space is at the front, incorporating a good-sized lounge, dining area, and contemporary, well-equipped, refitted kitchen with attractive units, granite worktops, and a comprehensive range of integral appliances. There are two double-sized bedrooms with fitted bedroom furniture, and the main bedroom includes a decked balcony accessed via uPVC double-glazed French windows. A good-sized en-suite shower room/wc serves the main bedroom, and there is also a good-sized family bathroom with quality fittings and tiling. Overall, it is a lovely property with the benefit of its ground-floor location. Early viewing is recommended.

Central Exchange is ideally situated for easy access to the wide range of Chester le Street town centre facilities. It is, therefore, within immediate reach of a wide range of shops, schools, bars, restaurants and leisure facilities, including the attractive Riverside Park and First Class County Cricket Ground. The nearby A1(M) junction provides excellent road links throughout the region, particularly to Durham City, Gateshead, Newcastle upon Tyne and Sunderland. Chester le Street also lies on the main east coast railway line linking London and Edinburgh, ideal for quick access to Durham and Newcastle.

Tenure: Leasehold

Term: 999 years from 14.10.2005

Ground Rent: Peppercorn

Service Charge: £1,476 for 2024. Reviewed annualy on 31st December. Payable in two equal instalments in advance on 1st January and 1st July each year. The amount payable is reviewed annually by the management company on 31st December and apportioned equally between the fourteen apartments. Accounts will be published by the management company to owners.

Easements & Covenants: The lease contains easements and covenants. A copy is available for inspection.

Agents Notes:

Council Tax Band: B

Mains Services: Electricity, Water (vendor advises supply is metered), Sewage

Broadband: Superfast fibre broadband is available to the postcode. BT and Sky satellite/fibre TV are available.

Mobile Coverage: Major networks provide mobile coverage.

Flood Risk: Rivers & Seas – Very Low; Surface Water – Low