6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

High Street South, Langley Moor, Durham DH7
£375,000

Our Summary

  • Great Investment Opportunity

Description

This property presents a fantastic investment opportunity, offering a block of five self-contained tenanted flats in the heart of Langley Moor, generating an annual income of £24,600. The property includes the freehold of the building and surrounding land, providing off-road parking for several vehicles. The flats are situated in a popular and vibrant area, just 1.5 miles from Durham City Centre, with local shops, amenities, and regular bus services nearby. Each flat has its own unique layout, with living rooms, kitchens, shower rooms, and bedrooms, ranging in size from approximately 33-65 square meters. With EPC ratings of C and D, this property offers a great chance for investors to generate a steady income while also having the potential for future development or refurbishment.