ANOTHER SUPERB BUY-TO-LET OPPORTUNITY OR IDEAL FIRST-TIME PURCHASE.

Two bedroom mid-terraced home situated within easy reach of Stockton Town Centre and walking distance to local shops and the train station. Skimmed walls throughout. This home comprises entrance hall, lounge, dining room, and kitchen to the ground floor with TWO DOUBLE BEDROOMS and bathroom to the first floor. This home features uPVC double glazing, gas central heating and benefits from gardens to the front and rear. Offers a gross rental yield of 10.5% when tenanted. Current owners have re-skimmed walls and updated and improved in recent years. Currently some work is ongoing and his will be finished and the property will be in ‘ready-to-move’ into condition on completion. *10.5% gross yield possible at a purchase price of £40,000 and tenanted at a £350pcm.

Tenure

See Legal Pack

Ground Floor

Entrance Hall - UPVC entrance door with double glazed insert, stairs to first floor, radiator. Lounge - 12'9" x 11'1" - Gas fire with stone surround, two radiators, arch into;- Dining Room - 12'2" x 11'1" - UPVC double glazed French doors onto rear garden, radiator. Kitchen - 13'0" x 7'0" - Fitted with an attractive range of modern wood grain effect wall, drawer and floor units, roll edge work surfaces, single drainer stainless steel sink unit, built-in stainless steel electric oven and four ring hob with extractor hood over. Plumbing for washer, extractor fan, UPVC exterior door.

First Floor

Landing - radiator. Bedroom - 13'3" x 10'8" - Built-in cupboard, radiator. Bedroom - 12'2" x 8'8" Bathroom - Three piece suite comprising panelled bath with mixer shower and side screen over, pedestal wash hand basin, WC, co-ordinated ceramic tiled splash backs, radiator, built-in cupboard housing gas fired combi boiler.

External

Forecourt garden, rear garden with patio area and gravelled beds.

Location

Conveniently located within easy reach of local shops, Lambton Road is off Durham Road.

N.B.

This property carries a Buyer's Premium of £500 plus VAT and an Administration Fee of £600 plus VAT

Energy Efficiency Rating (EPC)

Current Rating D

Services

Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.

Local Authority

Stockton-on-Tees Borough Council

Solicitors

Gordon Brown Solicitors LLP, Mains House, 143 Front Street, Chester-Le-Street, Durham, DH3 3AU, Ref: Geoff Hall, Tel: 0191 3895128

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.