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A One Bedroom Ground Floor Flat
The property comprises a ground floor one bedroom flat situated within a purpose built block arranged over ground and three upper floors.
Tenure
Leasehold. The property is held on a 125 year lease from 31 January 2007 (thus approximately 115 years unexpired).
Location
The property is situated on a quiet residential road close to local shops and amenities. The open spaces of Locke Park and Redcar beach are within easy reach. Transport links are provided by British Steel Redcar Railway Station.
Accommodation
Ground Floor Reception Room with Open Plan Kitchen Bedroom Bathroom with WC and hand basin
AHL have not internally inspected this property
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: Friday 8th December 08:30 - 09:00 Tuesday 12th December 12:30 - 13:00
Vendor Header
On the Instructions of
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.
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.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.