Guide price
£105,000
4 bed terraced house for saleAlbert Terrace, Middlesbrough TS1
4 beds
1 bath
2 receptions
EPC Rating: D
About this property
Auction T&c's apply
No onward chain
Investment opportunity
Great potential
University close by
Five bedrooms
Two bathrooms
Two reception rooms
Summary
Positioned within the ever-popular TS1 postcode, just a short distance from Teesside University, this substantial and well-proportioned residence presents an outstanding opportunity for investors seeking strong rental returns and long-term growth. Its generous footprint and versatile layout make it ideally suited to student or multi-let accommodation, offering the potential for a higher-than-average yield.
Requiring a degree of modernisation, the property provides the perfect canvas for those looking to add value and tailor the space to maximise its full potential. Internally, the accommodation is both spacious and flexible. To the ground floor, a bay-fronted living room creates an inviting first impression, while a second reception room to the rear offers excellent versatility, easily serving as an additional bedroom if required. The floor is completed by a modern fitted kitchen and a bathroom, with access leading out to a good-sized enclosed rear yard.
The sense of space continues to the upper floors. The first floor hosts three well-proportioned bedrooms alongside a further bathroom, while the top floor adds two additional generous bedrooms, making this a sizeable home capable of accommodating multiple occupants comfortably.
Located within walking distance of the university, local amenities, transport links, and Middlesbrough town centre, this is a prime investment setting where demand for rental properties remains consistently strong.
Offered for sale with no onward chain, this is an opportunity to secure a large property in a high-demand location with significant income potential.
Early viewing is highly recommended - contact our Stockton office today to arrange yours.
Council Tax Band: B
Tenure: Freehold
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.
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