Sold £71,000
- Terraced House
- 4 Bedrooms
Call the team on 0191 908 9691 for more information
FOUR SELF CONTAINED FLATS ON ONE FREEHOLD - POTENTIAL TO PRODUCE SIGNIFICANT YIELD
A three storey mid-terraced property which has previously been turned into four self contained flats. Each flat has its own utility meters and has previously earned the current tenant £360 per month per flat which would equal a potential return of just over £17,000 per annum. In need of a scheme of refurbishment to bring back to the rental market, but certainly not to be overlooked. Viewing is highly recommended to see the full extent of the property on offer. A floor plan has been added to particulars to show the layout of the current floors.
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Redcar and Cleveland Borough Council
Solicitors
Gowlings Law, 145 Linthorpe Road, Ref: Gowlings Law, Tel: 01642 954555
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.
Additional Fees
Buyer's Premium - £2100 inc VAT payable on exchange of contracts.
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Floor Plans
Click the image to view the full-sized floorplan.
