18, Hartington Road, Stockton-On-Tees, TS18 1HE

Summary A fantastic investment opportunity to acquire a substantial building offered via the modern method of auction.

The property is arranged as four self-contained one-bedroom flats, each comprising a kitchen, bathroom, and lounge. Sold with tenants in situ.

Description A fantastic opportunity for investors to acquire a substantial and versatile building, offered for sale via the modern method of auction.

This impressive property has been thoughtfully configured into four self-contained one-bedroom flats, each benefiting from its own kitchen, bathroom, and comfortable lounge space, making them highly attractive to tenants.

The property also features a rear yard, providing convenient alternative access and additional practicality for both occupants and management.

Being sold with tenants in situ, with two of the flats already let, the property offers an immediate income stream while retaining further potential for increased returns once fully occupied.

Ideally situated within close proximity to a range of local amenities, shops, and transport links, this property is well-placed to appeal to a broad tenant base.

This is an excellent opportunity for both seasoned investors and companies seeking to expand an existing portfolio, with a potential market rent of up to £1680, or those looking to establish a strong foothold in the rental market.

Auctioneer's Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.

This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT.

This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property.

The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.

A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of no more than £349 inc. VAT towards the preparation cost of the pack.

Please confirm exact costs with the auctioneer. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.

These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Entrance Hall UPVC door, fire alarm system, stairs to first floor Flat 1 Lounge 16' 2" max x 12' max ( 4.93m max x 3.66m max ) Front elevation window, radiator Kitchen 6' 5" x 8' ( 1.96m x 2.44m ) Wall and base units, sink, recess for appliances Bedroom 10' 1" max x 7' 6" max ( 3.07m max x 2.29m max ) Rear elevation window, radiator Bathroom Sink, shower cubicle, electric shower, toilet Flat 2 Kitchen 10' 5" x 8' ( 3.17m x 2.44m ) Rear elevation window, rear door, wall and base units, sink, recess for appliances Lounge 10' max x 12' 2" max ( 3.05m max x 3.71m max ) Stairs up, radiator, side box Landing Side elevation window, loft access Bathroom Shower cubicle, electric shower, toilet, sink, side elevation window Flat 3 Bedroom 10' max x 8' 2" max ( 3.05m max x 2.49m max ) Rear window elevation, radiator Bathroom Shower cubicle, electric shower, sink, toilet Lounge 13' 10" max x 16' 8" max ( 4.22m max x 5.08m max ) 3 front window elevations, radiator Kitchen 6' 5" max x 8' 2" max ( 1.96m max x 2.49m max ) Wall and base units, sink, recess for appliances Flat 4 Lounge 13' 9" max x 16' 8" max ( 4.19m max x 5.08m max ) 2 front window elevations, radiator Kitchen 5' 6" x 7' 10" ( 1.68m x 2.39m ) Wall and base units, sink, recess for appliances Bathroom Shower cubicle, toilet, sink Bedroom 10' max x 8' max ( 3.05m max x 2.44m max ) Rear window elevation, electric radiator 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. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 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.