This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
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£65,000
2 bedroom Flat for sale, Ritsons Court, Blackhill, Durham, DH8
Features and Description
- Investment Opportunity
- First Floor Apartment
- Currently Tenanted
- Can be sold Vacant Possession
- Popular Location
- Leasehold Rent £75pa
- Spacious Accomodation
***NO ONWARD CHAIN***
Located in the popular area of Blackhill, this spacious first floor apartment is an excellent opportunity for a wide range of buyers. Whether you're searching for your first home, downsizing, or looking for a smart investment, the property is available with vacant possession, offering flexibility to suit your plans.
Set on an upstairs corner plot, the apartment enjoys elevated views across the valley, creating a bright and open feel throughout. Inside, the layout includes two well-proportioned double bedrooms and a generous living room with plenty of space for both relaxing and dining.
The kitchen, while compact, is well laid out and benefits from a skylight that floods the space with natural light. A modern, low-maintenance bathroom completes the interior and offers everything needed for comfortable day-to-day living.
One of the highlights of this apartment is the additional space it offers. There's a spacious loft for storage, a private yard for outdoor use, and a private external storage cupboard just outside the front door – ideal for storing tools, paint, or seasonal items. These extra features add real value and practicality, especially for buyers looking for more than just standard apartment living.
The apartment also benefits from dedicated private parking, providing convenient off-street parking for residents or visitors.
The property is leasehold, with 125 years from 17 July 2003, and a ground rent of just £75 per year, keeping ongoing costs low. Its location in Blackhill is highly convenient, with local shops, amenities, and transport links all nearby, plus easy access to Consett town centre.
Currently, the property is tenanted, making it a great ready-made investment opportunity. If you're an investor looking to expand your portfolio, the existing tenant is happy to stay on. However, the property can also be sold with vacant possession if preferred, allowing flexibility for buyers wishing to move in themselves.
For more information or to arrange a viewing, contact the friendly team at Reeds Rains Consett on 01207 509442.
Bedroom 1
9'9" x 9'8" (2.98m x 2.95m)
Kitchen
10'6" x 6'6" (3.19m x 1.97m)
Bathroom
7'1" x 5'11" (2.17m x 1.81m)
Lounge
16'3" x 14'4" (4.96m x 4.38m)
Bedroom 2
2.96m x 2.74
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Ritsons Court, Blackhill, Durham, DH8
Additional Information
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Property refCOS250066
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EPCC
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TenureLeasehold
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Lease length103 years
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Council TaxA
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Local authorityDurham City Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service ChargeContact the branch
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Reeds Rains Estate Agents Consett
Reeds Rains Consett
2-4 Wesley Street, Consett, DH8 5BJ
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
£
Borrowing £58,500 and repaying over 25 years with a 2.5% interest rate.
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Photos
Floorplan
Map view
Street view
Bedroom 1
9'9" x 9'8" (2.98m x 2.95m)
Kitchen
10'6" x 6'6" (3.19m x 1.97m)
Bathroom
7'1" x 5'11" (2.17m x 1.81m)
Bedroom 2
2.96m x 2.74
The pin shows the exact address of the property
Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
80Potential
80CO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs