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"Enquire and book online quoting reference 21327

We welcome to market this currently tenanted 1 bedroom apartment in Stockton on Tees. Situated within the heat of the town centre, the property is ideally located within close proximity of all local amenities and transport links. Currently tenanted with an annual gross rental income of £4,680.

Benefitting from a secure entry system with intercom and alarm system in place. The apartment is likely to appeal to a wide range of investors.

The accommodation comprises

Entrance and Hallway

Secure entry is through an intercom control secure door leading to a staircase. A secure front door is accessible at the top of the stairs and provides access to the apartment.

Kitchen Lounge Area

Well maintained and presented, the open plan design provides a spacious, open plan living environment which is carpeted throughout and benefits from a modern kitchen installation.

Bedroom 1

The bedroom is generously proportioned and carpeted throughout, providing ample space for a large bed and storage.

Bathroom

The bathroom comprises a toilet, wash basin and shower.

This property will be legally prepared enabling any interested buyer to secure the property

immediately once their bid offer has been accepted. Ultimately a transparent process which provides

speed, security and certainty for all parties.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and

are referred to below as The Auctioneer .

This auction lot is being sold either under conditional Modern or unconditional Traditional auction

terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The

Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being

shared between both any marketing agent and The Auctioneer in order that all matters can be dealt

with effectively.

The property is being sold via a transparent online auction.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders buyers will

be required to adhere to a verification of identity process in accordance with Anti Money Laundering

procedures. Bids can be submitted at any time and from anywhere.

Our verification process is in place to ensure that AML procedure are carried out in accordance with

the law.

A Legal Pack associated with this particular property is available to view upon request and contains

details relevant to the legal documentation enabling all interested parties to make an informed

decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers

commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding

with any property and or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts

the successful bidder will be expected to pay a non refundable deposit equivalent to 5% of the

purchase price of the property. The deposit will be a contribution to the purchase price. A non

refundable reservation fee of up to 6% inc VAT subject to a minimum of 6,000 inc VAT is also

required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed

purchase price and consideration should be made by the purchaser in relation to any Stamp Duty

Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to

pass their details to third party service suppliers, from which a referral fee may be obtained. There is

no requirement or indeed obligation to use these recommended suppliers or services.

Council Tax Band

The council tax band for this property is A.