Property photos
Auction
Leasehold
Guide price
£60,000
2 bed flat for sale
The Potteries, Middlesbrough TS52 beds
2 baths
1 reception
EPC rating: B
Key Information
Tenure:
Leasehold (143 years)
Service charge:
£1,956 per year
Council tax band:
D
Ground rent:
£250
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Linthorpe Community Primary School 0 miles
- Green Lane Primary Academy 0.4 miles
- Middlesbrough 1.6 miles
- James Cook University Hospital 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Tenanted two bedroomed flat
- Top floor
- Readymade investment
- Annual yield of £7,140
- Well presented
Summary
***for sale by auction. Various bidding options available: Online, telephone, proxy or in person at the grand connaught rooms, great queen street, 61-65, covent garden, london, WC2B 5DA ***16th April 2024***9.30 am start***contact the auctioneers to register your interest ***guide price £60,000***
description
***for sale by auction. Various bidding options available: Online, telephone, proxy or in person at the grand connaught rooms, great queen street, 61-65, covent garden, london, WC2B 5DA ***16th April 2024***9.30 am start***contact the auctioneers to register your interest ***guide price £60,000*** A well presented, two bedroomed apartment that briefly comprises of entrance hall, living/kitchen area, two bedrooms, one with ensuite, and additional family bathroom. The property also benefits from a designated parking space within the communal grounds. The apartment is currently tenanted providing an income of £595 pcm, making this an ideal readymade investment purchase. The property is situated within close proximity of local schools and shops.
Important Notice
For each Lot, a contract documentation fee of £1500 (inclusive of VAT) is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this. The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. **please contact the auctioneers at to request A copy of the legal pack, if this is available we can email it over to you**
Important Notice Continued
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller's instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time. Without authorisation to bid prior to the sale you will be unable to bid in the auction.
Agents Note
We have not been able to carry out an internal inspection therefore these details are to be used for guidance purposes only.
Accommodation
Communal Entrance Hall
Top Floor
Entrance Hall
Open Plan Lounge/Kitchen Area
Bedroom 1
Ensuite
Bedroom 2
Bathroom
Externally
Designated Parking Space
Tenure
Leasehold. Held on a lease term for 150 years from and including 1st January 2017 at a ground rent of £250 per annum and a service charge of £978.11 paid half yearly.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
***for sale by auction. Various bidding options available: Online, telephone, proxy or in person at the grand connaught rooms, great queen street, 61-65, covent garden, london, WC2B 5DA ***16th April 2024***9.30 am start***contact the auctioneers to register your interest ***guide price £60,000***
description
***for sale by auction. Various bidding options available: Online, telephone, proxy or in person at the grand connaught rooms, great queen street, 61-65, covent garden, london, WC2B 5DA ***16th April 2024***9.30 am start***contact the auctioneers to register your interest ***guide price £60,000*** A well presented, two bedroomed apartment that briefly comprises of entrance hall, living/kitchen area, two bedrooms, one with ensuite, and additional family bathroom. The property also benefits from a designated parking space within the communal grounds. The apartment is currently tenanted providing an income of £595 pcm, making this an ideal readymade investment purchase. The property is situated within close proximity of local schools and shops.
Important Notice
For each Lot, a contract documentation fee of £1500 (inclusive of VAT) is payable to the Auctioneers by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this. The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price. **please contact the auctioneers at to request A copy of the legal pack, if this is available we can email it over to you**
Important Notice Continued
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller's instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
Registration for bidding online will close the Friday before the auction sale. Please ensure you register and submit all the details and documents required in time. Without authorisation to bid prior to the sale you will be unable to bid in the auction.
Agents Note
We have not been able to carry out an internal inspection therefore these details are to be used for guidance purposes only.
Accommodation
Communal Entrance Hall
Top Floor
Entrance Hall
Open Plan Lounge/Kitchen Area
Bedroom 1
Ensuite
Bedroom 2
Bathroom
Externally
Designated Parking Space
Tenure
Leasehold. Held on a lease term for 150 years from and including 1st January 2017 at a ground rent of £250 per annum and a service charge of £978.11 paid half yearly.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
1. Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract. The matters referred to in these particulars should be independently verified by prospective buyers or tenants. Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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Listed by
Manners & Harrison - Marton
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Property descriptions and related information displayed on this page are marketing materials provided by - Manners & Harrison - Marton. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Manners & Harrison - Marton for full details and further information.