Skip to content
Get brand editions for PH Estate Agents, Middlesbrough

Sledmere Close, Peterlee

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

Ask agent

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • SOLD WITH A SITTING TENANT WHO HAS BEEN THERE FOR SEVERAL YEARS.
  • THE TENANT IS UP-TO-DATE WITH ALL PAYMENTS, PROVIDING £390 PER MONTH INCOME.
  • FLAT UP FOR AUCTION SALE, IDEAL FOR INVESTORS.
  • PROPERTY SOLD AS-IS, REQUIRES REFURBISHMENT TO MEET MODERN STANDARDS.
  • LOCATED ON THE GROND FLOOR OF A FOUR-FLAT BUILDING.
  • FLEXIBLE VIEWINGS.

Description

The property comes with the benefit of immediate cash flow as it is being sold with a long-term sitting tenant, who pays £390 per month. Rest assured, the tenant has been punctual with payments and has occupied the property for several years. Want to invest?

Ground Floor -

Entrance - As you enter, you'll find a compact space with laminate flooring and a storage cupboard - a useful area that could be refashioned with a bit of creativity.

Lounge - The lounge area, although in need of window glass replacement, offers plenty of room and comes equipped with plumbing flooring and a radiator.

Kitchen - The kitchen holds potential with its wall and base units, wood effect flooring, and additional storage space.

Bathroom - The bathroom, decked in white, features a sink, W/C, bath, flooring, a radiator, and a frosted window, providing all the essentials.

Bedroom 1 - Two bedrooms complete the flat, both fitted with laminate, radiators, and windows, ready to be personalized to your tenant's taste or upgraded to increase rental income.

Bedroom 2 - Two bedrooms complete the flat, both fitted with laminate, radiators, and windows, ready to be personalized to your tenant's taste or upgraded to increase rental income.

Summary - Seize this opportunity to purchase a property with a steady income stream that, with a bit of modernisation, could offer significant returns. Remember, this flat is sold with vacant possession at auction. Don't miss out!
SERVICE CHARGE: £146.06 PER MONTH

Auction Conditions - Auctioneer Comments
This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days. The buyer
pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties’ personal data will be shared
with the Auctioneer (iamsold Ltd).
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.

Brochures

Sledmere Close, PeterleeBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Ask agent

Energy performance certificate - ask agent

Sledmere Close, Peterlee

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Horden Station1.3 miles
  • Seaham Station4.8 miles
Check how much you can borrow
Get a Mortgage in Principle
You'll have a personalised result in just 20 minutes and you could get viewings faster when you find the home you want, with no impact on your credit score.Powered bynationwide
Recently sold & under offer
See similar nearby properties
Get brand editions for PH Estate Agents, Middlesbrough

About the agent

PH Estate Agents, Middlesbrough

144 High Street Eston Middlesbrough TS6 9EN

PH Estate Agents, Middlesbrough
Who We Are And What We Stand For ...
Welcome to PH Estate Agents 

Here at PH Estate Agents, we understand the experience of moving, whether it be the joy of owning your first home or investment, or the emotions attached to selling a home for a loved one, we are here to guide you through the process and ensure your property journey is as smooth as possible. We offer guidance for what you will experience throughout the entire process.

What We Do 

We believe i

More properties from this agent

Industry affiliations

Ombudsman for REsale Estate Agents (no OFT logo)

Notes

These notes are private, only you can see them.

Staying secure when looking for property

Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.

Visit our security centre to find out more

Disclaimer - Property reference 32743084. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by PH Estate Agents, Middlesbrough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call PH Estate Agents, Middlesbrough on 01642 056292.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.