Property Details
Guide Price £50,000
2 bedrooms
Camsell Court, Middlesbrough
- Convenient location
- Double Bedrooms
- Double Glazing
- Fitted Bathroom
- Fitted Kitchen
- Investment Property
- Turn key Investment Opportunity
- Dedicated Parking Space
This lovely two bedroom first floor flat is available to an investor landlord. For sale by modern auction with a very appetising starting bid of a mere £50,000! With a monthly rental income from day one of £600 per month this would give you an incredible 14% yield if purchased at £50,000 or 11% if purchased at £65,000!!
The current tenants have been in the flat for almost 5 months and do not have any plans to move on at present.
The flat briefly comprises. Entrance door on the first floor (one flight of steps). A long hallway with all doors leading off to:
* A compact but fully functional kitchen with fitted cabinets, electric oven and hob and a fridge and washing machine provided by the landlord.
* A family bathroom with bath and shower, basin and WC. A working extractor fan and double glazed obscured glass window.
* A living room faces out to the front of the building and is large enough for both a seating area and a dining table.
* And master bedroom is a large double and the second bedroom is a smaller double with storage cupboard.
* A useful storage cupboard with electric consumer units.
Externally: Outside at the rear of the building is a designated parking space for the flat, plus bin stores.
Entry to the flats is via a secure front door with intercom system.
The hallways are well maintained and tidy. Flat 7 is on the first floor up one flight of stairs.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Council Tax Band: TBC
Tenure: Leasehold (136 years)
Ground Rent: £110 per year
Service charge: £524.84 (6 monthly)
Parking options: Residents
Electricity supply: Mains
Heating: Electric
Water supply: Mains
Sewerage: Mains
Accessibility measures: Not suitable for wheelchair users
The current tenants have been in the flat for almost 5 months and do not have any plans to move on at present.
The flat briefly comprises. Entrance door on the first floor (one flight of steps). A long hallway with all doors leading off to:
* A compact but fully functional kitchen with fitted cabinets, electric oven and hob and a fridge and washing machine provided by the landlord.
* A family bathroom with bath and shower, basin and WC. A working extractor fan and double glazed obscured glass window.
* A living room faces out to the front of the building and is large enough for both a seating area and a dining table.
* And master bedroom is a large double and the second bedroom is a smaller double with storage cupboard.
* A useful storage cupboard with electric consumer units.
Externally: Outside at the rear of the building is a designated parking space for the flat, plus bin stores.
Entry to the flats is via a secure front door with intercom system.
The hallways are well maintained and tidy. Flat 7 is on the first floor up one flight of stairs.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent
information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Council Tax Band: TBC
Tenure: Leasehold (136 years)
Ground Rent: £110 per year
Service charge: £524.84 (6 monthly)
Parking options: Residents
Electricity supply: Mains
Heating: Electric
Water supply: Mains
Sewerage: Mains
Accessibility measures: Not suitable for wheelchair users
Entrance hall
A welcoming entrance hallway with electric wall mounted heater. White wooden doors leading off to rooms.
Brown carpet. To the end of the hall is a storage cupboard which also houses the electric circuit boards.
Brown carpet. To the end of the hall is a storage cupboard which also houses the electric circuit boards.
Kitchen
w: 1.84m x l: 2.86m
A compact fitted kitchen with wall and base cabinets, electric oven and hob with recirculating cooker hood over. Double glazed windows overlooking car space below.
Washing machine and fridge provided by landlord.
Washing machine and fridge provided by landlord.
Living room
w: 3.46m x l: 4.44m
Large living room with electric wall mounted heater, double glazed windows with blinds and space enough for sofa and dining table.
Brown carpet.
Brown carpet.
Bathroom
w: 1.76m x l: 1.8m
The family bathroom has a working extractor fan and an opening double glazed window.
Benefitting from baoth a bath tub and an overhead shower, the bathroom is both attractive and functional to meet modern requirements.
Benefitting from baoth a bath tub and an overhead shower, the bathroom is both attractive and functional to meet modern requirements.
Bedroom 1
w: 3.08m x l: 4.14m
The main bedroom looks out to the front of the building and is a large room with neutral decor. The carpet is brown and the walls are white painted smooth plaster. There is a wall mounted electric heater and a double glazed window with 2 opening panes.
Bedroom 2
w: 2.08m x l: 3.02m
Bedroom 2 is a double with an in built storage cupboard and room for additional chest of drawers or wardrobe. It has an electric heater and double glazed windows overlooking the rear of the building.
Map
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
