Soppett Street, Redcar TS10

Property Details: - Type: End of terrace house - Bedrooms: 2 - Bathrooms: 1

Agent: G R Estates - Normanby Phone: 01642 966500

<p>An Instant Income Investment With A Long Term Tenant Already In Place, This Two Bedroom End Terrace Is Being Sold Via The Modern Method Of Auction And Comes With Plenty To Catch An Investor’s Eye. Two Reception Rooms Give The Ground Floor A More Flexible Layout, While Upstairs There Are Two Bedrooms, A Bathroom And Access Via Pull Down Ladder To A Fully Boarded Loft With Velux Roof Window, Ideal For Extra Storage. The Tenant Is Currently Paying £475pcm, With Potential To Increase Towards Around £600pcm. Several Bigger Jobs Have Already Been Taken Care Of Too, Including A Replacement Roof, A Boiler Fitted Within The Last Ten Years And Recently Updated Front Door And Window. Electrical Certification Is In Place And The Boiler Has Been Fully Serviced. All Of This Sits Less Than A Five Minute Drive From Redcar Beach, Making This A Ready Made Rental With Scope To Push The Numbers Further.</p><p><strong>AUCTIONEERS COMMENTS</strong></p><p>This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.</p>