£60,000 Offers in excess of

2 bedroom Flat for sale,
Middlesbrough, North Yorkshire, TS4

Features and 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.

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 monthLease Length: 125 years from 1st of January 2007Ground Rent: £150 per annumGround doubles every 25 years until it reaches £1,500 per annum- next increase is due 2032.

Agent notes

HMRC is a supervisory body for money laundering regulations, of which all estate agents need to be registered with. As part of this, there are multiple requirements that agents must rigorously and consistently meet to ensure they stay compliant with the regulations and protect their clients. To do this, we use an identity verification service, approved by the Government as part of the Digital Identity and Attributes Trust Framework (DIATF). This method and the process we follow to ensure compliance for your transaction come with significant time, financial and legal implications hence a portion of this is passed on to our clients. We elected for this verification process due to the speed, certainty, and accuracy it delivers. This helps us to protect all our client's interests by using the most advanced verification process to help prevent the impacts of money laundering alongside our internal manual policies and procedures while staying compliant with HMRC.

IMPORTANT NOTE TO POTENTIAL PURCHASERS:
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 travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Marton Road, Middlesbrough, North Yorkshire, TS4

Additional Information

  • Property ref
    MID230266
  • EPC
    C
  • Tenure
    Leasehold
  • Council Tax
    B
  • Local authority
    Middlesbrough Council
  • Ground Rent
    £150
  • Ground Rent Review
    Contact the branch
  • Service Charge
    £1,054
Jayne Marron Branch Manager
Jayne Marron
Branch Manager

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Reeds Rains Estate Agents Middlesbrough

Middlesbrough Branch Manager
Reeds Rains Middlesbrough
114 Trimdon Avenue Shopping Parade, Acklam, Middlesbrough, TS5 8SB
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed

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Borrowing £54,000 and repaying over 25 years with a 2.5% interest rate.

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Stamp duty calculator

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This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022. For more information on Stamp Duty Land Tax, click here.

Nearby locations
Photos
Map view
Street view
Bedroom

Spacious Double Bedroom.

Bathroom

Three Piece Suite comprising of a Straight Panel Bath, W.C and Pedestal Wash Hand Basin.

The pin shows the exact address of the property 

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

79

Potential

79

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A