Summary - Twizell Burn Walk, Pelton Fell, Chester Le Street, Durham, DH2 DH2 2BZ
2 bed 1 bath Flat
**Standout Features:**
- Two-bedroom first-floor apartment, ideal for investors
- Sitting tenant with rental income of £600/month, providing approximately 8% yield
- Modern décor and equipped with contemporary kitchen appliances
- Secure entry system for enhanced safety
- Conveniently located near amenities and schools in Chester-le-Street
- Chain-free with 115 years remaining on the lease
**Key Details:**
- Surface area: 535 sqft
- Council Tax Band: A, making it affordable
- Service charge: £416 quarterly, Ground rent: £31.64 quarterly
- EPC rating: C
This stylish two-bedroom apartment is a fantastic investment opportunity, currently tenanted and generating a strong rental yield of around 8%. The modern finishes, including a well-appointed kitchen and a light-filled living space, are complemented by two generous bedrooms and a contemporary three-piece bathroom. Located in a desirable area of Chester-le-Street, this property boasts easy access to local amenities and well-rated schools, making it particularly attractive for families.
While the apartment sits within a major conurbation, keep in mind that crime rates are above average, so potential buyers should ensure they're comfortable with the area. The property is leasehold with 115 years remaining, and the low council tax band and reasonable service charges enhance its appeal for savvy investors and first-time buyers alike. Don't miss out on this rare opportunity to secure a tenant-occupied property—schedule a viewing today!
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