Flat for sale in Marton Road, Middlesbrough, North Yorkshire TS4

Offers over £60,000
Interested in this property? Call +44 1642 966605 * or Request Details

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Flat for sale - 2 bedrooms

2 1 1 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
108 years
Service charge:
£1,054.08 per year
Ground rent:
£150
Council tax band:
B

Property 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.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our 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. The 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

MID230266/8

About The Property

The property comprises of, in brief, an Entrance Hall, Open Plan Kitchen/Living, 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 Entry/Exit 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 Kitchen/Living/Dining

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.

Property info

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Reeds Rains - Middlesbrough, TS5 on +44 1642 966605 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Reeds Rains - Middlesbrough, and do not constitute property particulars. Please contact Reeds Rains - Middlesbrough 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.

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