Modern Method of Auction
Auction date not yet published
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See how verdicts workHouse · TS1 5AU
For saleReduced £5k (−3.7%) on 26 OctListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale via secure sale online bidding - terms and conditions apply.
Pattinson Estate Agents are pleased to offer for sale via online auction this substantial mixed-use property situated on Grange Road, Middlesbrough, comprising a ground-floor commercial unit together with two refurbished two-bedroom flats above.
The ground floor is currently arranged and operating as a bakery, providing a versatile commercial space which could suit a variety of businesses and uses, subject to any necessary consents.
The existing bakery business is not included within the sale and the commercial premises will be sold with vacant possession, giving the successful purchaser the opportunity to occupy, re-let or repurpose the accommodation.
Above the commercial premises are two separate two-bedroom flats, both of which have undergone refurbishment and will also be sold vacant.
The residential accommodation provides an excellent opportunity for an investor to immediately seek tenants following completion, or potentially explore alternative letting strategies subject to the relevant regulations and consents.
The combination of commercial and residential accommodation makes this an attractive proposition for investors looking for multiple potential income streams from a single freehold investment, while the vacant possession throughout provides flexibility for the incoming purchaser.
Early viewing is recommended to fully appreciate the size, condition and investment potential on offer. Please note: The property is being sold via online auction.
Prospective purchasers should review the legal pack and satisfy themselves regarding the planning/use classification, leases/title arrangements, services and suitability of the property for their intended use prior to bidding.
Location Located on Grange Road within Middlesbrough, the property is conveniently positioned for the town centre, local amenities and transport connections. Tenure Freehold.
Title number CE120956. Rateable Value Current rateable value £4,150 (April 2026 to present). Sourced from VOA. EPC Available upon request. Rating D - basement and ground floor unit.
Rating C -Flat 1. Rating D - Flat 2. Additional Information For further information please contact our office direct on , or alternatively via e-mail on commercial. .
With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department.
Please contact us to arrange an internal inspection, or to register your interest. Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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Area
Agent & docs

FAQ
About Grange Road, Middlesbrough, North Yorkshire, TS1 5AU
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