Guide Price
£112,000
Location
Downside Road, Middlesbrough
Bedrooms
3
Type of property
Terraced
Enquire for Detailed Returns Breakdown & Investment Documents.
Property ID: 228916545
Potential Monthly Income
£750
Potential Yield
8.04%
Tenancy status
Vacant
CapitalAppreciation
+5.0%
Key features
- VACANT PROPERTY
- Private Driveway Parking
- Private Garden (back only)
- Likely to attract enquiries from Serious Investors & Developers
- Property Scheduled for Online Auction
Description
Our latest listing is a 3 bedroom terraced house located in Middlesbrough. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.
This property features 3 bedrooms, lounge, kitchen, bathroom, rear garden space and private driveway parking.
Auction Details
The seller is open to pre-auction offers. Unless a pre-auction offer is accepted, the sale of this property will take place on our next bi-weekly online auction (see dates on our website) and is being sold under the unconditional sale type with a standard 28 days completion.
Separate to a 10% deposit (£5,000 minimum) and our Buyers Premium there may be additional fees or conditions listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack before bidding.
Binding contracts will be exchanged at the point of sale. All sales are subject to our Common Auction Conditions and Bidder Terms. Properties located in Scotland and Northern Ireland will be subject to applicable local laws.
Please call us or enquire for the full legal pack and property information on this listing.
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Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
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Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Purchase Costs
Net Rental Income750/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Investment Returns
Current Monthly Rent
£750 pcm
Current Rental Yield
8.1%
Potential Market Value Rent
£750 pcm
Potential Rental Yield
8.1%
Estimated Monthly Capital Appreciation
£-
Area Capital Appreciation Rate
-
Let Property Pre Checks
Property Checks
Property Tenure
Verified as Freehold
Property Tenure documentation has been provided to Let Property and has been Verified.
EICR
EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Gas Safety
Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
EPC
EPC documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.
Council Tax Band
Council Tax Band: B
Street View
Interactive street-level view of the property location and surrounding area.
Running Costs
Ground Rent
Freehold
Factor Fees/Running Costs
TBC
Total Estimated Costs
£0.00
Other Bills
No other bills
EPC Rating
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Yearly Net Profit
Current Yearly Rent
£9,000.00
Annual Capital
Appreciation
Appreciation
£0.00
Yearly Factor Fee /
Service Charge
Service Charge
TBC
Other Yearly Costs
None
Indicated
Indicated
Annual Net Returns
£9,000.00