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2 bedroom flat for sale
Cairnsmore Close, Cramlington
£50,000
Cairnsmore Close, Cramlington
£50,000
Our Summary
- *** COLLINGWOOD GRANGE - TWO BEDROOMS- FIRST FLOOR FLAT - BUILT BY LEECH HOMES - GARAGE IN BLOCK - FRONT GARDEN - POPULAR RESIDENTIAL AREA - CASH PURCHASE ONLY DUE TO LOW LEASE - TO BE SOLD WITH A SITTING TENANT - INVESTMENT OPPORTUNITY *** We welcome to the sales market this two bedroom first floor flat, situated in this popular area of Cairnsmore Close, Collingwood Grange, Cramlington
- Investment Opportunity
Description
This two-bedroom first-floor flat in Collingwood Grange, Cramlington, is being sold as a cash purchase only due to its low lease. The property, built by Leech Homes, is situated in a popular residential area with a front garden and a single garage in a block nearby. The flat is currently occupied by a sitting tenant who has been living there since 2013 and pays £500 per month. The property features a spacious lounge, kitchen with breakfast bar, two bedrooms, and a bathroom with a white suite. It has modern electric heaters and UPVC double glazing. The property is located close to local amenities, schools, shops, and industrial areas, with good access to major road links and bus links. Cramlington is a popular town with a large shopping center, cinema, and leisure center, as well as excellent schools, doctors' surgeries, sports clubs, and restaurants. The property is being sold with a tenant in situ and has the original lease of 99 years from 1964 with an annual ground rent of £15.