Auction House / Tees Valley

  • For Sale By Conditional Online Auction
  • Guide Price* : £75,000
  • Auction Ended 05/12/2023
  • Lot 3

47 Hive Close, Stockton-On-Tees, Cleveland, TS19 0FG

FOR SALE BY MODERN METHOD OF AUCTION - THREE BEDROOM SEMI DETACHED HOME FOR SALE on Tuesday 10th October 2023

Viewing Details

Please contact Auction House North East on 01642 931060 for the viewing schedule

Description

FOR SALE BY MODERN METHOD OF AUCTION - THREE BEDROOM SEMI DETACHED HOME FOR SALE on Tuesday 24th October 2023

FOR SALE BY MODERN METHOD OF AUCTION - THREE BEDROOM SEMI DETACHED HOME FOR SALE

For Sale via Alternative (Modern) method of Auction.

Viewings and bids are invited on this semi detached home which comes to the market with no onward chain and makes for a great first purchase or buy to let.

Investors will be pleased to know, based on achieving £650 pcm the annual income will be £7,800 generating a potential gross yield in the region of 10%

Hive Close is well placed for a range of local amenities including everyday shopping requirements, educational requirements and has good access to public transport and road networks.

Early inspection is recommended.

Alternative (Modern) method of Auction meaning - At the fall of the gavel or acceptance of an offer by the Seller, the Buyer will enter an exclusivity agreement with the seller. The buyer shall pay a non-refundable exclusivity fee to the value of 2.5% of the sales price or £3,500 plus VAT whichever is the greater. This symbolises the start of an exclusivity period of sale which will require an exchange of contracts to take place within 28 days of the buyer's solicitor receiving the contract pack. Completion of the sale must then take place within a further 28 days of the date of exchange of contracts. Full details and terms of exclusivity can be obtained from Auction House North East.

Ground Floor Lobby - On arriving at this home buyers are welcomed to the entrance hall with stairs to the first floor.
Lounge - 13'7 x 11'3 - Situated to the front of the property the lounge features a double glazed window which floods the room with natural light.
Kitchen/Diner - 14'7 x 8'5 -Fitted with a range of base and wall units, drawers and work surfaces together with sink tap and splash backs. There's space for dining and a range of appliances.
First Floor Landing - Moving through the accommodation and up to the first floor the landing offers access to the bedrooms and bathroom
Bedroom One - 11'8 x 8'1 - Aspect to the front
Bedroom Two - 10'11 x 7'7- Aspect to the rear
Bedroom Three - 6'3 x 6'2 - Aspect to the rear
Bathroom/WC -Fitted with a white suite comprising panelled bath with shower over, low level Wc and wash basin
External Lawned frontage with drive allowing for off road parking.
Gated side access to the enclosed rear garden which is not overlooked and laid to lawn with patio area.
Viewings Please contact Auction House North East for the viewing schedule

Tenure: Leasehold

Lease Details: Please see legal pack

EPC Rating: D

Tenure

Leasehold. The property is held on a 999 year lease from 01/01/1998 (thus approximately 974 years unexpired).

Important Notice to Prospective Buyers

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Administration Charge

There is no Administration Charge on this property

Disbursements

Exclusivity Fee of 3% inc VAT of the purchase price, subject to a minimum of £4200 inc VAT, payable immediately at the conclusion of Auction

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* Guide | £75,000
  • 3 Bedrooms
  • Tenure: Leasehold. The property is held on a 999 year lease from 01/01/1998 (thus approximately 974 years unexpired).
  • Conditional (Flexible Exchange)

Call the team on 01642 931060 for more information

Note

  1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
  2. General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
  3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
  4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
  5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.