For Sale By Auction | 14:00, 03 November 2020 | Lot 13

18 Lovaine Street, Middlesbrough, Cleveland, TS1 4EP

Sold £75,000

  • End of Terrace House
  • 3 Bedrooms
  • Tenure: See Legal Pack

Call the team on 0191 908 9691 for more information

Auction Date

Tue 03/11/2020

Auction Time

14:00

Auction Venue

ONLINE ONLINE,

WOW! THREE BEDROOM HMO ALL WITH EN-SUITES - FULLY LET RETURNING £13,080 PER ANNUM

This three bedroom HMO is fully let and professionally managed with superb returns. The accommodation comprises in brief, entrance hall, suite one, communal lounge, communal kitchen and WC to the ground floor with two further suites on the second floor. Finished to a superb standard with gas central heating and Upvc double glazing throughout. In a popular rental area of Middlesbrough and close to local amenities and main arterial routes around the region. This property is fully let and producing a fantastic yield from guide. Finished to a great standard internally with lots of modern features this is a fantastic opportunity to extend an existing HMO portfolio or the ideal property to start your HMO purchases. Due the incredible guide price on the property we fully expect this property to popular come auction time and therefore encourage all interested parties to contact us immediately for further information.

Tenure

See Legal Pack

Ground Floor

Entrance Hall Suite One with En-Suite – 4.25m x 3.12m Communal Lounge – 2.80m x 4.07m Communal Kitchen – 5.31m x 1.85m WC

First Floor

Suite Two with En-Suite – 3.20m x 4.35m Suite Three with En-Suite – 3.20m x 4.35m

Viewing

Please call 01642 931060 for further details.

N.B.

42 day completion

Energy Efficiency Rating (EPC)

Current Rating C

Services

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

Local Authority

Middlesbrough Council

Solicitors

Richard Reed Solicitors, 3-6 Frederick Street, Sunderland, SR1 1NA, Ref: Ian Cowan, Tel: 0191 5670465

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

Buyer's Premium - £1800 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

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