LIVE ONLINE AUCTION - Click here to view

Flats 1, 2 & 3, 54 Coatham Road & 54a Pierson Street, Redcar, TS10 1RY



Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Sold
£150,000
Guide price

£125,000+


Property Type

Residential

Bedrooms

6


Key Features

  • Freehold block of 4 self-contained flats
  • A short walk from the sea front, train station and town centre
  • Potential combined income when fully let of £15,468 pa

Part of the 28 April 2022 auction
The Nottingham Racecourse at 2.30PM

A freehold end of terrace block of 4 self contained flats close to the sea front in Redcar with a potential combined income when fully let of £15,468 pa

  • Freehold block of 4 self flats
  • Situated in the heart of Redcar
  • A short walk from all town centre amenities
  • Close to the sea front & train station
  • 3 storey mid-terrace property
  • Communal entrance hall
  • 1 - GF - self contained 1 bedroom flat
  • 1 - GF - Bedroom, bathroom, living room & kitchen
  • 2 - FF - self contained 1 bed flat
  • 2 - FF - Bedroom, bathroom, living room & kitchen
  • 3 - SF - self contained 3 bedroom flat
  • 3 - SF - 3 x bedrooms, kitchen, bathroom
  • 4 - 54a Pierson Street - GF self contained one bed flat
  • 4 - GF - bedroom, shower room, living room & kitchen
  • Property has been part renovated to a good standard
  • Potential combined income when fully let circa 15,468 pa
  • Fully compliant and benefitting from hard wired fire system
  • Ideal opportunity for investors

Please contact Auction Estates on 0115 7844 600

Fees

A buyer's premium of £1,440 inc VAT (£720 inc VAT if the sale price is less than £10,000) is applicable to each lot purchased. The Seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of sale. Buyers are deemed to bid in full knowledge of this.

Guide Prices and Reserve Prices

Each property sold is subject to a Reserve Price. The Reserve Price, which is agreed between the seller and the auctioneer just prior to the auction, would ordinarily be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. Both the Guide Price and the Reserve Price can be subject to change up to and including the day of the auction.

Conditions of Sale

The Conditions of Sale will be deposited at the offices of the auctioneers and vendors solicitors/licensed conveyancers seven days prior to sale and the purchaser shall be deemed to have knowledge of same whether inspected or not. Any questions relating to them must be raised prior to 11.30 am. Prospective purchasers are advised to check with the auctioneers before the sale that the property is neither sold nor withdrawn.

The purchaser will also be deemed to have read and understood the auction conduct notes printed within the sale catalogue.

Freehold subject to the occupational tenancies Flat 2 subject to a sitting tenant paying £900 pa Potential combined income when fully let of circa £15,468 pa

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Telephone: 01914821152

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