A One Bedroom Second Floor Flat

The property comprises a second floor one bedroom flat situated within a purpose built building arranged over ground and two upper floors.

Tenure

Leasehold. The property is held on a 125 year lease from 1st April 2003 (thus approximately 111 years unexpired).

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Mill Hill Recreation Field and Acklam Park are within easy reach. Transport links are provided by Middlesbrough rail station.

Accommodation

Second Floor Bedroom Reception Room with Open Plan Kitchen Bathroom with WC & wash basin

The LHA rates for a 1 bedroom property in this postcode is £83.78 per week. Thus potential income of £4,356.56 per annum (source: https://lha-direct.voa.gov.uk)

Viewing Details

Open House Viewings: Saturday 2nd September 12:30 - 13:00 Saturday 9th September 12:30 - 13:00 Saturday 16th September 11:00 - 11:30

Vendor Header

On the Instructions of

Sellers Solicitor Invoice Number

17696

Purchaser Fee Invoice Number

17697

Addendum

Please note that this property is subject to a Buyers Premium of £150 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers. Amended Guide Price: £40,000+

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.