Sold for £21,000

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A spacious 1 bedroom ground floor flat (742 sq ft, source EPC) convenient for Teeside university campus and the city centre, vacant.

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Description/Location

Forming part of a small, purpose built block of 10 apartments in the popular Longlands area with convenient access to Teeside University (0.4 miles). Potential to remodel the flat and create a 2 bedroom layout subject to the relevant consents. Ideal rental investment, we estimate the current rental value is £375 pcm as a 1 bedroom flat.

Tenure

Leasehold: 99 years less one day from 01/01/1984

Local Authority

Middlesbrough Council 01642 245432 www.middlesbrough.gov.uk

Viewing

Network Auctions - 020 7871 0420

Accommodation

Ground Floor: Front door to large entrance hall, living room, kitchen, bedroom, bathroom. Energy Rating D/58

Rent

ERV: £4500 pa

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*Guide Price & Reserves

Generally speaking Guide Prices are provided as an indication of each seller’s minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

The “Important Notes For Auction Buyers” at the front of the catalogue includes a definition of “Guide Price & Reserve Price”. All properties are subject to a purchaser’s administration fee of £1,500 + VAT unless otherwise stated in the addendum (£420 inc VAT for lots with guide prices up to £3,000). If the purchaser is liable for any further costs these will be stated within the Special Conditions of the legal pack, that have been produced by the seller’s lawyer, a copy of which can be downloaded from our website.