Guide price
£425,000
3 bed flat for saleCatcote Road, Hartlepool TS25
3 beds
1 bath
1 reception
EPC Rating: E
About this property
Local Amenities
Apartment
Sale by Modern Auction (T&Cs apply)
Subject to an undisclosed Reserve Price
Buyers fees apply
Investment opportunity
Close to local amenities
10 residential apartments
Two bedroom apartments
Three bedroom apartments
This fantastic residential investment opportunity is located at The Fens Shopping Centre on Carter Road in Hartlepool. All 10 flats now rented generating £51,600 worth of income per annum. Please note residential flats for sale only, commercial shops below not effected.
Description
This fantastic residential investment opportunity is located at The Fens Shopping Centre on Carter Road in Hartlepool. All 10 flats now rented generating £51,600 worth of income per annum. Please note residential flats for sale only, commercial shops below not effected. The development is made up of a mix of spacious two and three bedroom apartments, all of which have been well maintained. Several of the properties benefit from long-term tenants already in situ, making this a secure and attractive investment opportunity with strong potential for further growth.
Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded. The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack. Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Entrance Hallway
Accessed via UPVC double glazed door, radiator, large walk in storage cupboard, loft access.
Kitchen
Fitted with a combination of white wall and base units with contrasting working surfaces and complimenting splashback, inset stainless steel sink/drainer unit with mixer tap, recess for cooker, recess and plumbing for washing machine, wall mounted gas central heating boiler, UPVC double glazed window to rear.
Bathroom
Fitted with a 3 piece white suite comprising of:- panelled bath with electric shower over, wall mounted wash hand basin, low level low flush WC, chrome heated towel rail, UPVC double glazed window to rear.
Living Room
UPVC double glazed window to rear, radiator.
Bedroom 1
UPVC double glazed window to rear, radiator.
Bedroom 2
UPVC double glazed window to front, radiator.
Agents Note:
Multiple EPC ratings as separate addresses.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
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 sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
Mortgage calculator
£2,126 per month
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Service charge
£20,566 per year
Council tax band
Ground rent
£0



.png)