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Property Listing Details

Property details

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Description

For sale by unconditional online auction
in partnership with sdl Auctions

Full terms and conditions are available on the sdl Auctions website.

A rare opportunity to purchase two, two bedroom apartments within this converted house. Completed to very high standard and complying to building regulations, this property offers a fantastic investment to any potential purchaser.
Within walking distance of Stockton Town Centre as well as local shops and schools, this property is ideally located.
The ground floor apartment (114) is currently tenanted and sold with the tenant in situ, currently paying £450.00 per calendar month, this apartment is accessed via shared communal hall which leads to its own access, spacious lounge, kitchen, utility room, two bedrooms and bathroom.

The first floor apartment (114a) is currently vacant but has previously achieved £475.00 per calendar month, accessed via communal entrance hall to its own access, stairs to first floor, landing, lounge, two bedrooms, well fitted kitchen and bathroom.

Both properties remain on one lease and also offer off road parking for 3 cars.

Tenure
See Legal Pack
Legal Pack
The legal pack will be available online at least seven days prior to sale ending and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to the end of the auction.
*Guide Prices and Reserve Prices
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price, also known as a Guide Price, is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms which is available to download on our sdl Auctions website.
Online Auction Registration
Every online bidder on sdl Auctions must first create an account on the online section of the sdl Auctions website -
This is a straightforward process. Starting the registration includes filling out your personal details, verifying your email address, and accepting the Online Auction ‘Terms and Conditions’. Once you have done this you will be able to search, ‘watch’ lots and download legal documents.
After starting the registration process you can come back to it to complete at a later date. We suggest completing the registration process at least 3 working days before the lot is due to end, in case you have any problems and need to contact the auctioneers.
In order to bid, you will need to be authorised for money laundering purposes. This includes uploading copies of two forms of identification and passing a anti-money laundering check. This check will leave a soft footprint on your credit report (but it should not affect your credit rating). The registration process also requires card details to be entered, however the card will not be processed unless you are the successful bidder.
Unconditional Online Auction Procedure
If you are the successful bidder you will be legally obliged to buy the property for the full purchase price. At the end of the auction, you are charged 5% deposit (subject to a minimum fee of £5000) and exchange of contracts takes place. The deposit contributes towards the purchase price. By placing a bid, you are authorising the auctioneer to sign the auction contract on your behalf.

The sale of each Lot is subject to a Buyers Fee of 4.8% Inc VAT (or 4.2% Inc VAT in London), subject to a minimum of £6,000 Inc VAT. The reservation fee does not contribute towards the purchase price.

We will automatically charge you £6,000 (using the payment details provided at the registration stage) if you are the successful bidder, as a payment towards the Buyers Fee and deposit. You will be required to pay any outstanding amounts (minimum of £5,000) immediately after the end of the auction, which can be paid by debit card or bank transfer.
Full terms and conditions are available on the sdl Auctions website -

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Stockton 0.3 miles
  • Thornaby 1.3 miles
  • St Bede's Catholic Academy 0.2 miles
  • The Oak Tree Academy 0.3 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Stockton 0.3 miles
  • Thornaby 1.3 miles
  • St Bede's Catholic Academy 0.2 miles
  • The Oak Tree Academy 0.3 miles

Market stats

Sale activity

Average estimated value for a house in TS19:

  • £80,134
  • Price decrease

  • -£344
  • (-0.427%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £81,120
  • Properties sold

    38

Rental opportunities

Not known

Recent sales nearby

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The Agent

Price history

Sold prices provided by Land Registry
3rd Oct 2020 £75,000 Price reduced by £5,000
28th Sep 2020 £80,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Castledene Sales & Lettings - Hartlepool. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Castledene Sales & Lettings - Hartlepool for full details and further information.