Key info
1Bedrooms
0Bathrooms
0 sqmSize
Property description
Strategy: Auction
Unsold. Contact the auctioneer. Guide Price = £35,000+
**For Sale By Public Auction 3rd July 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack**
A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £5,100 Per Annum (Reflecting a Gross Initial Yield of 14.57%).
Tenure
Leasehold. The property is held on a 155 year lease from 1st April 2003 (thus approximately 132 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Albert Park are within easy reach. Transport links are provided by Middlesborough rail station.
Description
The property comprises a first floor one bedroom flat situated within a purpose built block arranging over ground and two upper floors.
Accommodation
First Floor
Reception Room
Kitchen
Bedroom
Bathroom
Tenancy
The property is subject to an Assured Shorthold Tenancy at a rent of £425 per calendar month.
EPC Rating
C
Open House Viewings:
Viewing Schedule (No Booking Required)
Saturday 28 June 10:00 - 10:30
Addendum
Please note that this property is subject to a Buyers Premium of 1.2%+ VAT. This is in addition to the buyer's admin fee of £1,500 inc VAT charged by the auctioneers. Both fees are payable to the auctioneers.
Sourced reference: 163202846
Location
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Auction House London
Hampstead
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