4 bedroom terraced house for sale

89 Bolckow Road

Guide Price* £58,500

Property Description

Key features

  • 4 Flats
  • 1 Bedroom Flats
  • 1 Flat Currently Let
  • Investment Opportunity
  • For Sale Via Modern Method of Auction
  • No Chain
  • Freehold

Full description

Tenure: Freehold

DESCRIPTION The property has recently been refurbished by the landlord and provides modern accommodation within 4 individual units. The property comprises of: communal entrance hallway, a mix of modern individual units:

X2 Studio apartments with kitchen and bathroom
X1 Larger style one bedroom apartment with lounge, bedroom and bathroom
X1 One bedroom apartment with bedroom, lounge and kitchen area and bathroom

All rooms have been recently refurbished and painted by the landlord. Expected rental income per unit would be £85 per week. One of the studio apartments is currently let and we understand the current rent is £85 per week this figure will need to be confirmed prior to purchase.

Total annual income (with all units let) £17,680.00 

AUCTION TERMS This property is for sale by the Modern Method of Auction which is not to be confused with Traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyers solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% subject to a minimum of £5,000 plus VAT which secures the transaction and takes the property off the market. The buyer will be required to sign an Acknowledgment of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed Reserve Price which is generally no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by Great North Property Auction powered by iam-sold Ltd. TO VIEW OR MAKE A BID Contact the agent. 

DISCLAIMER These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. All measurements given are for guidance only. Where terraced properties, linked-detached or other 'linked or joined' properties are shown the photographs may also show neighbouring properties, please check with the agency which property the details relate to if you require clarification. The intending purchaser or tenant must rely on their own inspection of the property and may wish to instruct an independent surveyor to clarify any queries they may have prior to making an offer. None of the above appliances/services have been tested by ourselves. Where a property is listed as Let Out, Under Offer or Sold means the property is no longer available and may refer to a third party letting or selling the property. All photographs contained within this property description are copyright (c) GB UK SERVICES LTD 2016 and must not be used without prior written consent. , Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property. 


More information from this agent

Listing History

Added on Rightmove:
07 August 2017

Nearest stations

  • South Bank (1.1 mi)
  • British Steel Redcar (2.6 mi)
  • Marton (3.1 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Watson & Jackson, Consett

11 Victoria Road Consett DH8 5BQ

01207 778042 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • South Bank (1.1 mi)
  • British Steel Redcar (2.6 mi)
  • Marton (3.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Watson & Jackson, Consett

11 Victoria Road Consett DH8 5BQ

01207 778042 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 102844001788. 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 Watson & Jackson, Consett. 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.

* The speed displayed is the maximum broadband speed package available on comparethemarket.com. These may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by Decision Technologies Limited.

*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.”

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 Watson & Jackson, Consett on 01207 241 111.


Map data OpenStreetMap contributors.