Flat for sale in Cleveland Centre, Linthorpe Road, Middlesbrough TS1
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Property features
- Confidential sale
- In the town centre
- Offering about 8% yield
- Room to improve the yield by increasing the rent
- Available for A limited time and then it will be rmeoved from the market
- Sold with sitting tenants
Property description
These two flats are sold on one title and are on the market for A limited time. Hurry to avoid missing out.
General
Two flats offered with a ground floor and first floor flat on the same title. Entrance is granted through separate entrances with no shared facilities or communal entrances. The ground floor property comprises of a modern kitchen and has two bedrooms. It is currently rented for £433 pcm. However, the market value ranges between £475 - £525 pcm.
The top floor flat is a one bedroom flat and is currently rented for £390 pcm. The market value of this property ranges between £450 - £490 pcm.
Our client is looking for a quick sale. If an offer is not agreed upon within 2 weeks of listing the property, it will be removed from the market and he intends to hold onto the asset.
Both properties are in a reasonable condition.
This is sold on the open market with a nonrefundable buyer's premium fee of £1000 plus VAT. This is being charged to ensure the security of the sale and is in addition to any price offered.
Property info
For more information about this property, please contact
PH Estate Agents - Teesside, TS6 on +44 1642 048099 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by PH Estate Agents - Teesside, and do not constitute property particulars. Please contact PH Estate Agents - Teesside for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.