Auction House London

Lot 77

Semi-Detached - Houses 

52 Highfield Road

Middlesbrough, Cleveland, TS4 2QR

Sold after auction for an undisclosed amount

A Two Bedroom Semi-Detached Bungalow subject to an Assured Shorthold Tenancy Producing £3,900 per annum.

By Order of the LPA Receivers

Description

The property comprises a two bedroom semi detached bungalow. The property benefits from a walled forecourt with railings and double opening wrought iron side gates.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities and within walking distance of Middlesbrough town centre. Numerous green open spaces are within easy reach including Pallister Park. Transport links are provided by Middlesbrough rail station.

Exterior

The property benefits from a rear garden.

Tenancy

The property is subject to an Assured Shorthold Tenancy agreement from 1st April 2016 for a term of 120 months at a rent of £75 per week.

Note

The LHA rates for a 2 bedroom property in this postcode is £97.81 per week. Thus potential income of £5,086.12 per annum (source: https://lha-direct.voa.gov.uk).

Accommodation (2nd Column)

Ground Floor
Two Reception Rooms
Kitchen
Two Bedrooms
Shower Room

Viewing Details

Open House Viewings:
Tuesday 11th July 10:00 - 10:20
Tuesday 18th July 10:00 - 10:20

Bold Black Text

Current Rent Reserved £3,900 per annum

Addendum

Please note that this property is subject to a Buyers Premium of £500 + VAT. This is in addition to the buyer's admin fee of £650 + VAT charged by the auctioneers.

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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Enquire about 52 Highfield Road, Middlesbrough, Cleveland, TS4 2QR

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