Cestrian Court Newcastle Road, Chester Le Street, County Durham, DH3

Welcome to a prime investment opportunity! Presenting a meticulously maintained 2-bedroom retirement property nestled within the distinguished confines of a modern apartment development tailored exclusively for those aged 55 and above. This property, currently leased, provides a steady rental income of £859.73 per calendar month, making it an enticing prospect for discerning investment buyers. Upon entering, you are greeted by a capacious hallway complete with a built-in cupboard, setting the tone for the property's thoughtful design. The 'L'-shaped lounge dining room boasts a Juliet balcony and double doors that unveil an alluring, contemporary fitted kitchen. The residence further features two generously proportioned double bedrooms and a tastefully appointed modern shower room/wc. Nestled within its own well-manicured grounds, replete with managed gardens and dedicated parking bays, the property is conveniently situated just approximately 75 meters from the heart of Chester-Le-Street Town Centre. This prime location ensures easy access to a myriad of shopping options, cafes, and regular bus services connecting to Durham City, Newcastle upon Tyne, and the surrounding areas. The development is tailored to enhance the lifestyle of its residents, offering an array of amenities, including a communal lounge for socializing, a laundry room for convenience, and an onsite manager for added security and assistance. Boasting approximately 645 square feet of living space, this property comes with a service charge of £3,786.26 and a ground rent of £600.40. Seize the opportunity to invest in a property that not only promises a reliable income stream but also provides a comfortable and convenient living environment for its over-55 residents.