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Two-Bedroom Leasehold Flat
Address
See address
Auction date
25 Nov 2026
Guide price
£42,000
Type
Flat
Tenure
Leasehold
EPC Rating
Unknown
Status
Upcoming
Description
This two-bedroom first-floor leasehold flat in Chester-le-Street is offered with vacant possession, providing an opportunity for an owner-occupier or investor. The listing describes a Tyneside cross-lease and indicates potential rental income of £650 per month.
- Two-bedroom, first-floor flat
- Vacant possession
- Tyneside cross-lease tenure
- Potential rent: £650 PCM (£7,800 annually)
- Indicative gross yield: 13.2%, based on the all-in purchase price including fees
- Open market value stated as £75,000
The property is offered leasehold, so prospective purchasers should review the lease and confirm its terms and any associated costs in the legal pack. With vacant possession and stated rental potential, it may suit buyers considering occupation or a rental investment. The listing notes that condition and other material details should be independently verified.
Last update: 09 Nov 2026
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