1 Bed Flat For Sale Clough Close, Middlesbrough, TS5

£65,000- Flat

1 of 5
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Last Updated: 14th March 2024

Description

** INVESTMENT OPPORTUNITY ** RENTAL YIELD 7.7% GROSS ** SOLD WITH TENANT IN SITU ** PERIODIC TENANCY - PAYING £5400pa RENT **
Ground floor apartment. One Double Bedroom with En-Suite. Built in 2006. Modern Kitchen & Bathroom. Designated Parking Space. Easy Access to A66 & A19. Short Walk to Town Centre. Energy Rating: C-69. Council Tax Band: B (£1,757.35).

Communal Entrance Hall -

Private Hallway With Entry Phone System -

Lounge - 3.84m x 4.11m (12'7\" x 13'6\") -

Kitchen - 1.83m x 3.00m (6'0\" x 9'10\") -

Bathroom -

Double Bedroom - 3.15m x 3.00m (10'4\" x 9'10\") -

En-Suite -

Externally There Is A Designated Parking Space -

**Notes ** - * To be sold with tenant in situ. Rental income £5,400 PA (£450 PCM)

* Leasehold flat. Approx. 82 years remaining on lease

* Service charge is £1400 PA (£700 paid every 6 months)
Agent Details
Drummonds Estate Agents
63, Queensway, Billingham, TS23 2LU
Show Contact Number
01642 530 919

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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