4 bed block of flats for sale in Wynyard Mews, Hartlepool TS25, £48,000

48,000.00

Offer Nr.:
66388239
Type of ad:
for Sale
Property type:
4 bed block of flats
Bedrooms:
4
Bathrooms:
2
Reception rooms:
3
Contact name:
William H Brown - Northern Auction Centre
Phone(s):
01302 457114

* Unsold at auction
* 06 February 2024
* ***for sale by auction***
* EPC Rating - C
**Summary**
guide price £48, 000 - Two tenanted flats with a combined income of £8940 per
annum.
Excellent ready - made investment opportunity.
**Description**
***remains available under the auction conditions***contact the auctioneers to
make an offer now***
Description
Two tenanted apartments producing a combined annual yield of £8, 940. Both
apartments are on ASTs. No. 57 is a monthly rent of £350 pcm and the tenancy
started in December 22 and No. 59 is a monthly rent of £395 pcm which started
in September 23. Both offering an excellent yield and ready - made investment
opportunity. Both are spacious two bedroom apartments. No. 59 is a larger style
with an additional box room / study and have gas fired central heating, double
glazing, communal grounds and parking.
The properties are located on the edge of Hartlepool town centre, within easy
access of the shopping precinct along Catcote Road with local bus services to
the town and surrounding districts.
Accommodation
Flat 57
First Floor: Entrance Hallway, Lounge, Kitchen, Two Bedrooms and Shower Room/
WC.
External: Communal Gardens & Parking Area.
Flat 59
Top Floor: Entrance, Kitchen, Study, Lounge, Inner Lobby with Storage
Cupboard, Two Bedrooms and Bathroom/WC.
External: Communal Gardens & Parking Area.
EPC Ratings: Both C
Council Tax Bands: Both A
Tenure:
Leasehold: Term of 99 years from 1st January 1990. Ground Rent & Service
Charge £330 per quarter. Please refer to legal pack for further details
Enquiries:
W H Brown Northern Auction Centre, 38 High Street, Bawtry, Doncaster, South
Yorkshire, DN10 6JE. Tel. ***guide price: £48, 000***
Important Notice:
For each Lot, a contract documentation fee of £1500 (inclusive of VAT) is
payable to the Auctioneers by the buyer. 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.
The Guide Price quoted must not be relied upon by prospective purchasers as a
valuation or assessment of value of the property. It is intended to provide
purchasers with an indication of the region at which the reserve may be set at
the time of going to press. The guide price may be subject to variation and
interested parties are advised to make regular checks for variations and
should be aware that the reserve price may be either below or above the quoted
guide price.
Prospective purchasers should also be aware that the eventual sale price may
be above or below the guide level dependent upon competition, and should
therefore not presume the guide to be indicative of the final expected sale
price or the price the property is available at.
**please contact the auctioneers at to request A copy of the legal pack, if
this is available we can email it over to you**
When setting the guide price, the auctioneers have given consideration to the
seller’s instructions in respect of their indicated reserve price at the time
of instruction. The reserve price, (the level below which the property will
not be sold), remains confidential between the seller and the auctioneer. The
guide price therefore, is intended to indicate the region at which the reserve
price is intended to be set. The seller will confirm their final reserve price
close to the auction date and if appropriate the auctioneers may adjust the
guide price to reflect this.
Whilst the auctioneers make every effort to ensure the safety and security of
viewers at properties, we have not carried out a detailed Health & Safety
inspection of properties in our auctions and cannot therefore guarantee the
safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own
risk. Particular care should be taken when accessing cellars, attics, exterior
grounds and outbuildings and boundaries. All non - conducted inspections of
vacant sites should be made in daylight hours only and entry into such sites
is entirely at the viewers risk.
Registration for bidding online will close the Friday before the auction sale.
Please ensure you register and submit all the details and documents required
in time. Without authorisation to bid prior to the sale you will be unable to
bid in the auction.
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\. Photographs and Measurements: Some images may have been taken by a wide
angled lens camera. These approximate room sizes are only intended as general
guidance. You must verify the dimensions carefully before ordering carpets or
any built - in furniture.
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.

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