329 Linthorpe Road
Middlesbrough
TS5 6AA
Maria Street, Middlesbrough
No offers £60,000
2 Bedroom House - Mid Terrace
- EPC RATING 'D' - 67/87
- Spacious design and layout with very large Kitchen
- Being sold with tenants in situ
** A GROSS YIELD OF 10% AT ASKING PRICE COURTESY OF A TENANT IN SITU MAKING IT AN ATTRACTIVE STANDARD RESIDENTIAL INVESTMENT** A LARGER STYLE TWO BEDROOM TERRACED PROPERTY YIELDING TWO RECEPTION ROOMS, A LARGER THAN AVERAGE KITCHEN, AND AN UPSTAIRS BATHROOM. THE PROPERTY IS OFFERED FOR SALE CURRENTLY TENANTED AT A MONTHLY RENTAL OF £500PCM TO A LONG STANDING TENANT, HOWEVER THE MARKET VALUE RENT IS £600PCM + IN THIS GENERAL LOCALITY CREATING A FUTURE YIELD GROWTH OF 12% PLUS. THE PROPERTY OFFERS UPVC DOUBLE GLAZING, AND GAS CENTRAL HEATING VIA A COMBI BOILER. NORTH ORMESBY IS A HIGH DEMAND RENTAL AREA WITH A READY SUPPLY OF TENANTS SHOULD A PROPERTY COME VACANT.
ADDITIONAL INFORMATION
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. BUYERS PREMIUM: There is a £2000 + VAT Premium to be paid on this property on a successful completion
3. GENERAL: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
4. MEASUREMENTS. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
5. SERVICES: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
6. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. PROGRESSION PROPERTY (NORTH EAST) LTD NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
Property data and search facilities supplied by www.vebra.com