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1 bedroom apartment for sale

Pennyroyal Road, Durham TS18
Chain-free
Apartment
1 bed
1 bath
409 sq ft / 38 sq m
EPC rating: C
Added > 14 days

Key information

TenureLeasehold | 136 yrs left
Council taxBand A
BroadbandSuper-fast 57Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Leasehold (136 years remaining)
  • 1 Bedroom
  • Entrance Hall
  • Open plan Living Space/ Kitchen
  • Bathroom
  • Parking
  • Riverside location/ Nature Reserve
We are delighted to invite viewings and offers on this well presented home, which is ideally situated to make the most of its convenient surroundings. This property is perfect for first-time buyers, investors, or anyone looking for a stylish and well-connected place to call home. Investors will be pleased to know the property offers a potential gross yield of 11.5% based on achieving £650 pcm

The location offers connectivity, with easy access to rail and road networks, ensuring smooth commuting. Everyday essentials are within reach with local shops providing convenient access to everything you need. For families or those planning ahead, the property is close to schools, while leisure facilities in the area ensure there are plenty of opportunities to stay active and enjoy recreational activities such as pleasant riverside walks within the Bowesfiled Nature Reserve.

This home features a contemporary open-plan design that creates a warm and versatile living environment, ideal for both relaxation and entertaining. A private balcony provides the perfect spot to enjoy a morning coffee or unwind in the evening. The property also offers the convenience of allocated parking alongside additional spaces for visitors.

Presented in immaculate decorative order, this home is ready for immediate occupation, with no onward chain to complicate the process. Whether you’re looking for comfort, convenience, or a modern space to call your own, this property delivers on every front.

Contact us today to arrange a viewing and make this wonderful home yours!


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

STO240617/2

Rooms

Entrance Hall
Upon entering this home, buyers are greeted by a welcoming hallway that provides access to the open-plan living area, the bedroom, and the bathroom, offering a practical and inviting layout.

Living space 5.65m x 2.98m (18' 6" x 9' 9")
The open-plan living area is thoughtfully designed with distinct zones for the kitchen, dining, and living spaces. Sliding glazed doors seamlessly connect the living area to the balcony, creating a bright and airy atmosphere. The kitchen is well-equipped with ample storage, generous work surfaces, and a breakfast bar. It also features a range of appliances, which can be included in the sale if desired, offering convenience and functionality.

Bedroom 1 2.75m x 3.85m (9' 0" x 12' 8")
A ample sized room featuring a built-in cupboard and a window, flooding the space with natural light and a refreshing, airy vibe.

Bathroom 2.01m x 1.7m (6' 7" x 5' 7")
Equipped with a sleek white suite, this bathroom includes a panelled bath with an overhead shower, a wash basin with built-in storage, and a WC.

Parking
Situated at the end of a quiet cul-de-sac, the property boasts allocated parking along with additional spaces for visitors.

Additional Information
Local Authority: Stockton-on-tees Conservation Area: No Council Tax: Band A. Council Tax Estimate £1,569 Flood Risk: Rivers & Seas No Risk, Surface Water Very Low Tenure: Leasehold Restrictive Covenants: Yes Lease Start Date 07/12/2006 Lease End Date 01/05/2161 Lease Term 155 years from 1 May 2006 Lease Term Remaining 136 years Coverage Mobile (based on calls indoors) O2, EE, Three, Vodafone Broadband (estimated speeds) Standard 5 mbps Superfast 53 mbps Ultrafast 9000 mbps Satellite & Cable TV Availability BT, Sky. Ground Rent: £158 per annum, reviewed annually Service Charges: £112 per month., reviewed annually Local planning applications: 1 Construction: Standard Utilities: Mains sewerage, water and electric.

Information for buyers
HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.

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The administrative charge for this process is £40 plus VAT for a sole purchaser, £65 plus VAT for two purchasers and £75 plus VAT three or more purchasers.

Property information from this agent

About this agent

Reeds Rains - Stockton on Tees
Reeds Rains - Stockton on Tees
3 Harper Parade Hartburn TS18 5EQ
01642 048010
Full profileProperty listings
Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and online methods Reeds Rains focusses on getting the job done.
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