2 bed terraced house to buy in TS3

Pilkington Street, Middlesbrough, North Yorkshire, TS3 6JN

Brochure

Starting Bid
£79,999

Bedrooms: x 2

Bathrooms: x 1

Receptions: x 2

Tenure: Freehold

Size

Key Information

Council tax: Band A
EPC rating: D
Heating supply: Gas
Electricity: National Grid
Parking: On Street

Property features

Turnkey investment opportunity
Sold with sitting tenant in situ
Rental income of £600 PCM (£7,200 per annum)
Two-bedroom terraced property
Two reception rooms
Well-maintained throughout
Popular residential location

2 bed terraced house to buy in TS3

Turnkey Investment Opportunity – Two-Bedroom Terraced House, Middlesbrough

An excellent opportunity to acquire a well-presented two-bedroom terraced property in the popular residential area of North Ormesby, Middlesbrough. Offered for sale with a long-standing tenant in situ, this property provides an immediate rental income and represents an ideal addition to any investor's portfolio.

Currently achieving £600 per calendar month (£7,200 per annum), the property offers a ready-made investment with an established tenancy from day one.

The accommodation briefly comprises a spacious open-plan lounge and dining room, a fitted kitchen, two generously sized bedrooms, and a family bathroom. The property has been well maintained throughout and provides comfortable living accommodation with plenty of natural light.

Externally, the property benefits from a private rear yard. There is also potential, subject to the necessary consents, to reconfigure the layout into a three-bedroom property, as successfully demonstrated by neighbouring homes on the street.

Ideally situated within easy reach of local amenities, schools, Teesside University, and excellent transport links, the property is located in a strong rental area that continues to attract consistent tenant demand.

Open map Street view

Timescales

Contracts will exchange immediately. There are 28 days in which to complete the purchase.

Legal Pack

A legal pack is available to download. Special conditions may apply.

We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.

Deposit

In order to secure the purchase a buyer will pay a deposit of 5%, subject to a minimum £4,000 which contributes towards the overall purchase price of the property.

The deposit is non-refundable.

Buyer Fees

This property is sold subject to a non-refundable reservation fee of 2.5%+ VAT to a minimum of £3,000 + VAT (£3,600 inc VAT) This does not form part of the purchase price.

More Information

For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

ONLINE AUCTION NOTICE

I hereby acknowledge and confirm the following:

My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.

If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.

Any amount payable at the close of the auction must be paid within 1 hour.

Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.

Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.

Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.

The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.

It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.

The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.

Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid

Please note this bidding process applies specifically to online auctions.

More Information is available:

For more information, call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk

The legal pack is not yet available. The auction will not end until the legal pack has been made available here for at least 24 hours.

Heating supply: Gas
Electricity supply: National Grid
Water supply: Direct mains water
Sewerage supply: Standard UK domestic

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