Studio for sale

Church Street, Hartlepool TS24

Summary

Flat 12

For sale by auction with a starting bid of 29,000, this top-floor studio apartment is situated on Church Street in Hartlepool, conveniently located for town centre amenities and Hartlepool railway station.

Currently let at 450 per calendar month and offered for sale with the tenant in situ, the property presents an opportunity for investors seeking an established rental property.

The accommodation comprises an open-plan living and sleeping area, a fitted kitchen with a range of wall and base units, and a separate bathroom fitted with a bath with shower over, wash basin and WC.

The property is offered fully furnished, with furnishings and contents including:

Bed, wardrobe and drawers

Bedding, quilt, pillow and towels

Table and chairs

Small sofa or comfortable chair

Curtains or blinds

Microwave, kettle and toaster

Pans, cutlery, plates and bowls

Fridge
The property is leasehold, with a term of 125 years from 1 January 2006. We have been advised that there is no ground rent and that the service charge is 1,167 per annum.

Council Tax Band: A
Tenure: Leasehold

External

Flat 12 is situated on the top floor of a traditional building on Church Street, with access from street level. The building has a rendered frontage with large windows across the upper floors.

Studio (3.13m x 5.41m)

The studio has an open-plan living and sleeping area with a front-facing window. It is furnished with a bed, wardrobe, drawers and a small dining table. The kitchen occupies a defined section of the room and has green fitted units, worktops, a sink, electric hob and fridge freezer.

Bathroom (1.69m x 1.98m)

The bathroom has a bath with a shower over and a glass shower screen, a wash basin set into a vanity unit, and a WC. It also has tiled walls and flooring, a mirrored cabinet and a towel ring.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this 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. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.