For Sale By Auction | 12:00, 05 December 2023 | Lot 3

327 Thornaby Road & 1a Redcar Road, Thornaby, Stockton-On-Tees, Cleveland TS17 8PH

Sold £66,000

  • Flat
  • Tenure: Leasehold.

Call the team on 0191 908 9691 for more information

Auction Date

Tue 05/12/2023

Auction Time

12:00

Auction Venue

Live Stream

TWO IN ONE - 1a Redcar Road and 327 Thornaby Road - HUGE POTENTIAL

1a Redcar Road and 327 Thornaby Road hold huge potential. Currently set out as two large self-contained flats with a three bedroom to the ground floor and two bedroom on the first floor. This property is in need of full refurbishment but this gives plenty of options subject to the correct planning been gained. Viewing is highly recommended to see the current layout of both floors and the size of the corner plot the properties sit on. We have been advised by the owner that 1a Redcar Road hold the free the freehold to entire building with a leasehold (Virtual freehold) on 327 Thornaby Road. We advise all interested parties to complete full due diligence prior to auction via the free legal pack which can be downloaded from our website. So who is ready for it and who has the right vision to bring this large plot back to life and return on what could be a tremendous rental income from two large properties.

Tenure

Leasehold.

GROUND FLOOR (1a Redcar Road)

Entrance Hall Lounge - 4.71m x 3.06m Kitchen/ Dining Room - 4.71m x 3.19m Bedroom One - 3.73m x 3.28m Bedroom Two - 2.58m x 3.56m Bedroom Three - 2.97m x 3.48m Bathroom

FIRST FLOOR (327 Thornaby Road)

Entrance Hall Landing Lounge - 3.74m x 4.41m Kitchen - 4.67m x 3.01m Bedroom One - 3.72m x 3.54m Bedroom Two - 3.03m x 3.51m Bathroom

Viewings

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

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Stockton-on-Tees Borough Council

Solicitors

HNW Law, Suite 17, Ref: HNW Law, Tel: 01642 050800

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 - £1800 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.