Moovd Online Property Auctions are delighted to offer For Sale via Option A – Unconditional Online Auction this vacant, two bedroom duplex flat in the ever popular area of Norton, Stockton on Tees.
The spacious layout, briefly comprises: Hallway immediately off the entrance, with staircase to first floor, fitted kitchen and large lounge to rear. To first floor are two bedrooms, one with fitted wardrobes and a white family bathroom WC.
The property has previously been let out and commands a rental in the region of £550 PCM, which would return a BTL investor in the region of 14.67% against the advertised Guide Price. The lease has 84 years remaining with an annual ground rent of £100 and a monthly service charge of £48 PCM, which includes the building insurance.
We highly recommend an internal viewing of this property. Viewings are strictly by appointment only.
EPC rating C.
For more information, please contact Moovd directly.
Hall - Accessed by a double glazed UPVc door, staircase to first floor and single radiator.
Kitchen - 3.08m x 2.82m (10'1" x 9'3") - Fitted with a range of wall and base unit, contrasting work surfaces, 1 stainless steel sink with drainer unit and taps over, splash back tiling, free standing gas cooker point, plumbed for washing machine, wall mounted boiler, UPVc double glazed window to rear aspect, storage cupboard, single radiator and tiled flooring.
Lounge - 3.88m x 3.84m (12'8" x 12'7") - UPVc double glazed window to front aspect, radiator and laminate flooring.
Landing - Loft access.
Bedroom One - 3.84m x 3.05m (12'7" x 10'0") - Fitted sliding mirror wardrobes, UPVc double glazed window to front aspect and single radiator.
Bedroom Two - 3.17m x 2.99m (10'4" x 9'9") - UPVc double glazed window to rear aspect and single radiator.
Bathroom - A white suite comprising: panelled bath with mixer attachment, high level W.C, pedestal hand basin, tiled walls and flooring, UPVc double glazed window to front aspect and single radiator.
Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Option A - Online Unconditional Auction:
The above property is offered for sale by Online Unconditional Auction (Traditional auction). With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the General Conditions and Special Conditions of Sale. It is Moovd’s policy that all buyers are without fail AML checked at point of Registration. The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting to £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty). A deposit payment amounting to 10% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
A
25/12/1984
125 years (84 years unexpired)
£100
£576
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. 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.
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