Reed Rains - Middlesbrough Estate Agent in TS1 3AA

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01642 239030

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2 bed Apartment property

Available

For Sale

Listed Jan 28, 2024

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£65,000

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01642 239030

By Reed Rains - Middlesbrough

Description

" Reeds Rains are delighted to introduce this Two Bedroom Top Floor Apartment to the market. The property provides an ideal opportunity for a Buy To Let Investor with an attractive net yield of between 9-11%. Location wise you‘ll struggle to get better with James Cook Hospital just a stones throw away.

About The Property The property comprises of, in brief, an Entrance Hall, Open Plan KitchenLiving, Bathroom and Two Bedrooms. The property is in great condition and will be a perfect Buy To Let Opportunity.

About The Area The apartment is located off Marton Road, just a stones throw away from Teesside University Hospital and on the periphery of Middlesbrough Town Centre.

Communal Entrance Enter via a Secure EntryExit System into Communal Hallway. Stairs leading to floors.

Apartment Entrance Enter into Hallway. Internal doors leading to Open Plan Living, Kitchen and Dining Area, Bathroom and both Bedrooms.

Open Plan KitchenLivingDining Spacious Open Plan Living, Dining and Kitchen Area.

Bedroom Spacious Double Bedroom.

Bedroom Spacious Second Bedroom.

Bathroom Three Piece Suite comprising of a Straight Panel Bath, W.C and Pedestal Wash Hand Basin.

Additonal Information Allocated Parking Space. Gas Central Heating. uPVC Double Glazing.

Service charge: £87.84 per month
Lease Length: 125 years from 1st of January 2007
Ground Rent: £150 per annum
Ground doubles every 25 years until it reaches £1,500 per annum- next increase is due 2032.

IMPORTANT NOTE TO PURCHASERS:
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

MID2302665 "