Milton Road, Hartlepool, TS26
Guide Price £23,000
CURRENTLY TENANTED AT £350PCM | For Sale by Modern Auction – T & C’s apply | Subject to Reserve Price | Buyers fees apply | The Modern Method of Auction | Online Bidding Available | Fixed Timescales for Exchange and Completion | PRICED TO SELL
Welcomed to the market as an excellent investment opportunity, we offer this property for sale via Modern Method of Auction. The property is currently tenanted with a monthly income of £350, offering potential purchasers approx. 10% return on their investment.
Internally accommodation comprises; Entrance Hall, Living Room, Dining Room, Kitchen, Two Bedrooms, Bathroom.
Viewing is highly recommended.
Living RoomBay window to front, fitted carpet.
Dining RoomWindow to rear, fitted carpet, opening to kitchen;
KitchenDoor to rear yard, fitted wall and base units, sink with drainer, space and plumbing for washing machine, vinyl flooring.
Bedroom OneWindow, carpet, radiator.
Bedroom TwoWindow, carpet, radiator.
BathroomBathroom fitted with three piece suite, comprising bath, basin & WC, vinyl flooring, window.
Auctioneer's CommentsThis property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited.This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Auctioneer's Comments Cont..Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral ArrangementsThe Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Estimated Monthly Mortgage Payment
You’ll have to pay the stamp duty of:
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