Map2 bedroom apartment
Key information
Features and description
- Tenure: Leasehold (46 years remaining)
- 2 Bedrooms
- Garden
- EPC C
Holbrook and Co Estate agents and iamsold are delighted to offer for sale via modern method of auction this two bedroomed ground floor flat.
Currently offered with tenant in situ, paying monthly rent of £525 pcm offering a yield of around 11.42%.
The layout briefly comprises, entrance hall, lounge with French doors onto the enclosed garden, kitchen, bathroom and two double bedrooms.
Externally the property benefits from a garden to the front.
With the added benefits of gas central heating and double glazed window, this property offers the perfect investment opportunity.
47 year lease remaining, with a view to extend at a cost of around £18000
Council Tax - Band A - Stockton Council
Rooms
Entance Hall
Enrty through UPVC double glazed door.
Living Room
4.4 x 3.3 - To the front aspect. Generous sized living area with french door access to the garden area. Radiator.
Kitchen
2.7 x 2.4 - To te rear aspect, fully fitted kitchen with a range of wall and base units. Integrated oven and hob with extractor fan.
Bedroom 1
3.7 x 3.0 - To the front aspect, spacious double bedroom. UPVC double glazed window and radiator.
Bedroom 2
2.6 x 2.0 - To the rear aspect, small double bedroom with UPVC double glazed window and radiator.
Bathroom
Three piece white suite, including panelled bath with hand wash basin and w/c.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack. The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty. Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450. (truncated)
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