House For Sale
£90,000
Hartington Road, Stockton on Tees, TS18 1HE
Description
*GUIDE PRICE £90,000* 8 self contained apartments comprising of 6 studio apartments and 2 one bed apartments. With Local Housing Authority rate for a 1 bed currently being £86.30(at the time of writing), this could provide a yield of around 30% with full occupancy. The property is split into 8 self contained units over 3 floors. A viewing is highly recommended to appreciate the size of the apartments on offer. We can also offer full letting and management upon completion of the sale. The property is offered with vacant possession. Mortgage Broker Service also available to assist with your purchase of this property.
All apartments are rated as A for council tax purposes.
As per the EPC register:
Flat A - EPC Rating: E
Flat B - EPC Rating: D
Flat C - EPC Rating: E
Flat D - EPC Rating: E
Flat E - EPC Rating: C
Flat F - EPC Rating: C
Flat G - EPC Rating: C
Flat H - EPC Rating: E
As per or floorplan:
GROUND FLOOR
Entrance Vestibule - opening into:
Entrange Hallway with doors leading into:
Flat 1 - Studio Apartment
Living/Kitchen Area - 3.85m x 2.62m
Bathroom
Flat 2 - Studio Apartment
Living/Kitchen Area - 4.21m x 3.30m
Bathroom
Flat 3 - Studio Apartment
Living Area/Kitchen - 7.41m max x 2.60m
Bathroom - 2.13m x 1.32m
FIRST FLOOR
Flat 4 - 1 Bed Apartment
Living/Kitchen Area - 4.35m x 2.78m
Bedroom - 2.37m x 1.90m
Bathroom
Flat 5 - Studio Apartment
Living Area/Kitchen - 5.51m x 2.56m
Bathroom
Flat 6 - Studio Apartment
Living Area/Kitchen - 4.16m x 3.33m
Bathroom
SECOND FLOOR
Flat 7 - Studio Apartment
Living Area/Kitchen - 4.22m x 3.29m
Bathroom -
Flat 8 - One Bed Apartment
Living/Kitchen Area - 4.23m x 2.78m
Bedroom - 2.32m x 1.80m
Bathroom
This property is for sale by Traditional Auction. The buyer and seller must Exchange immediately, and Complete 28 days thereafter. Interested parties personal data will be shared with the Auctioneer (iamsold).
The buyer pays a non-refundable deposit of 10% of the purchase price upon exchange.
A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.20% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.