IDEAL INVESTMENT - SOLD WITH SITTING TENANT

We are pleased to offer for sale this one bedroom top floor corner apartment situated within Clough Close. The property is sold with a sitting tenant and is currently achieving a rental income of £450pcm. The property is located within a popular modern development and is just a short journey from Teesside University. Access to the A66 is just a few minute drive, providing easy access throughout Teesside and beyond. We ask all parties to complete full due-diligence on any auction property by reading a full pack prior to bidding. Come auction day (5th December), you must be in a position to legally exchange contracts at the fall of the gavel, a 10% deposit (£5,000 min) is required and completion is set for 28 days later. You must be registered to bid, Please note that previous purchases, interest or registration through the Auction House Brand are not valid for a forthcoming auction and therefore you MUST register your interest with the office on 01642 931060. Please also note that holding an EIgroup account will not give you bidding authorisation, this authorisation can only be granted via the Tees Valley branch once all forms, documentation and completed ID checks have been received at teesvalley@auctiohouse.co.uk. for any further assistance, please do not hesitate to contact us in the office.

Tenure

Leasehold. 155 YEARS FROM 1/4/2003

Accomodation

Communal Entrance Entrance Hallway Lounge Kitchen/Diner Bathroom

Viewings

Please contact Auction House North East on 01642 931060 for the viewing schedule

AUCTIONEERS NOTES

Property construction - Brick Electricity supply - Mains Water supply - Mains Sewerage - Mains Heating - Electric Broadband - Standard Speed - 15 mbps Mobile signal / coverage - O2/Three/EE/Vodafone - Very Good Parking - Allocated Building Safety - See Legal Pack Restrictions - See Legal Pack Rights and easements - See Legal Pack Flood risk - Very Low Coastal erosion - Very Low Planning permission - See Legal Pack Accessibility / adaptions - See Legal Pack Coalfield or mining area - See Legal Pack

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

Freers Askew Bunting, Ref: Clare Nicholl, Tel: 01642 773518

Additional Fees

Buyer's Premium - £2100 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.