Ritson Avenue, Bearpark, DH7

INVESTMENT OPPORTUNITY / APPROX. 10% YIELD RENTAL RETURN / NO UPPER CHAIN - Sitting at the heart of the popular County Durham Village of BEARPARK sits this very spacious 3 BEDROOM SEMI-DETACHED on Ritson Avenue. The property not only boasts a generous amount of living space but also plenty of outdoor space as well, thanks to the large garden to the rear which currently accommodates for a pre-fab shed the size of a double garage and also offers the potential for off-street parking to the front.

In need of modernising and to be sold with no upper chain, the property briefly comprises of an entrance hall, lounge, dining room kitchen and WC to the ground floor, while the first floor is home to 3 spacious bedrooms and a bathroom and to the exterior is a front garden as well as the larger rear garden.

Bearpark sits approximately 2 miles west of Durham City and surrounded by amazing country views and bridle paths along with the historic Ushaw House, Chapel and Gardens, all pretty much on the doorstep. 

This property is an amazing investment opportunity not to be missed with a potential re-sale value averaging £125,000 (depending on degree of refurbishment and market conditions at the time of re-sale) and rental return of £725PCM!!!

Tenure: Freehold

Council Tax Band: A

EPC Rating: D
Room Descriptions
Entrance Hall

Enter via a UPVC front door into a large carpeted hall with access to a lounge, dining room, kitchen, carpeted staircase to the first floor and under stairs cupboard. Wall mounted radiator.

Lounge 14' x 10'8 (4.26m x 3.29m)

Spacious carpeted lounge with a front-facing UPVC double glazed window. Gas fireplace with back boiler and wall mounted radiator.

Dining Room 9'5 x 9'5 (2.89m x 2.89m)

Carpeted dining room with a front-facing UPVC double glazed window and wall mounted radiator.

Kitchen 6'5 x 12'3 (1.98m x 3.74m)

Vinyl flooring and partial full-height tiled splashback, fitted kitchen units and work surfaces with space for a freestanding cooker, washing machine and fridge/freezer. Stainless steel sink with individual taps below a rear-facing UPVC double glazed window. Wall mounted radiator and access to the rear porch.

Rear porch/WC

Access to a WC and hardwood door leading to the rear garden.

First Floor Landing

Large carpeted landing with 2 side-facing UPVC double glazed windows, offering access to 3 spacious bedrooms, bathroom and loft hatch.

Bedroom One 12'2 x 12'2 (3.71m x 3.71m)

Carpeted bedroom with a front-facing UPVC double glazed window and wall mounted radiator.

Bedroom Two 8'5 x 12'4 (2.59m x 3.77m)

Carpeted bedroom with a rear-facing UPVC double glazed window, built in cupboard and wall mounted radiator.

Bedroom Three 9'5 x 9'5 (2.89m x 2.89m)

Carpeted bedroom with a front-facing UPVC window and wall mounted radiator.

Bathroom 6'5 x 9'7 (1.98m x 2.95m)

Carpeted bathroom with a rear-facing UPVC double glazed window and full height tiled splashback. Access to a toilet, wash basin and bath with electric shower over. Wall mounted radiator.

Exterior

Open garden to the front with side access to a much larger private garden to the rear with a large pre-fab shed.


Property Reference COR-1JH714GFM9P