Coltman Street, Middlesbrough

** AN IMMEDIATE 10.5% GROSS YIELD AT ASKING, UP TO A 12.8% GROSS YIELD IF RENT WAS INCREASED TO WHAT IS THE CURRENT MARKET VALUE FOR A GOOD QUALITY THREE BEDROOM TERRACE IN THIS LOCALITY **
A RECENTLY REFURBISHED / MODERNISED HIGHLY SPACIOUS 3 BEDROOM TERRACED PROPERTY LOCATED IN THE INVESTOR HOT-BED OF NORTH ORMESBY. THE AREA HAS A CONSISTENT AND HIGH LEVEL OF DEMAND FROM TENANTS FOR ACCOMMODATION, POSSIBLY DUE TO ITS CONVENIENT LOCATION CLOSE TO THE A66, THE A19, MIDDLESBROUGH TOWN CENTRE AND ALSO THE INDUSTRIAL AREAS INCLUDING WILTON SITE. THE PORPERTY IN BRIEF YIELDS AN ENTRANCE HALL, TWO SPACIOUS RECEPTION ROOM AREAS THAT ARE NOW OF AN OPEN PLAN NATURE, A WELL SIZED KITCHEN, A REAR LOBBY AND A MODERN BATHROOM. TO THE FIRST FLOOR ARE 3 BEDROOMS. THE PROPERTY HAS UPVC DOUBLE GLAZING THROUGHOUT, AND IS HEATED BY A GAS COMBI BOILER. BEING SOLD WITH A TENANT IN SITU.

Entrance Hall - The property is accessed via a UPVC double glazed door into the Entrance Hall, which is home to the electrical consumer unit, and provides access into the main body of the house.

Open Plan Reception Rooms - 6.7 x 3.9 (2.9) (21'11" x 12'9" (9'6")) - Two reception rooms incorporated into an open plan living space the decoration throughout is of a modern and neutral style, with a large amount of natural lighting courtesy of UPBVC double glazed windows to front and rear. There is a double central heating radiator, and a staircase to the side leading to the upper floor.

Kitchen - 3.2 x 2.4 (10'5" x 7'10") - A modern and well presented Kitchen fitted with a range of high gloss finish wall, base and drawer units, with contrasting work surfaces set over inset with a sink and drainer unit whilst allowing space for a fridge freezer / washing machine / cooker point. The Kitchen also offers a radiator, tiled splash back areas, a side facing UPVC double glazed radiator and access into the rear Lobby area.

Lobby - Providing internal access into the Bathroom to the extreme rear, whilst a side facing external door leads out into the yard to the rear.

Bathroom - Offering a modern white three piece suite comprising a white panelled bath, a low level w.c. and a wash hand basin. The Bathroom also offers a radiator, attractive tiled walls and a side facing UPVC double glazed window

First Floor -

Bedroom 3 - 2.75 x 2.25 (9'0" x 7'4") - To the rear is a Bedroom which offers a radiator, a rear facing UPVC double glazed window, and a cupboard which is home to the gas combi boiler

Bedroom 2 - 3.5 x 3 (11'5" x 9'10") - A well sized double Bedroom located to the rear of the property which offers a radiator and a rear facing UPVC double glazed window

Bedroom 1 - 3.1 x 3.9 (10'2" x 12'9") - A highly spacious double Bedroom to the front of the property which offers a front facing UPVC double glazed window and a radiator.

Exterior - A wall enclosed courtyard to the rear with gated access to the rear alleyway

Additional Information - 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. BUYERS PREMIUM: There is a £2500 + VAT Premium to be paid on this property on a successful completion
3. 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.
4. MEASUREMENTS. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
5. 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.
6. 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. PROGRESSION PROPERTY (NORTH EAST) LTD NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.