1 bed studio flat to buy in TS24

Flat 12

For sale by auction with a starting bid of £29,000, this top-floor studio apartment is situated on Church Street in Hartlepool, conveniently located for town centre amenities and Hartlepool railway station.

Currently let at £450 per calendar month and offered for sale with the tenant in situ, the property presents an opportunity for investors seeking an established rental property.

The accommodation comprises an open-plan living and sleeping area, a fitted kitchen with a range of wall and base units, and a separate bathroom fitted with a bath with shower over, wash basin and WC.

The property is offered fully furnished, with furnishings and contents including:

Bed, wardrobe and drawers

Bedding, quilt, pillow and towels

Table and chairs

Small sofa or comfortable chair

Curtains or blinds

Microwave, kettle and toaster

Pans, cutlery, plates and bowls

Fridge
The property is leasehold, with a term of 125 years from 1 January 2006. We have been advised that there is no ground rent and that the service charge is £1,167 per annum.

External

Flat 12 is situated on the top floor of a traditional building on Church Street, with access from street level. The building has a rendered frontage with large windows across the upper floors.

Studio

3.13m x 5.41m (10'3" x 17'8")

The studio has an open-plan living and sleeping area with a front-facing window. It is furnished with a bed, wardrobe, drawers and a small dining table. The kitchen occupies a defined section of the room and has green fitted units, worktops, a sink, electric hob and fridge freezer.

Bathroom

1.69m x 1.98m (5'6" x 6'5")

The bathroom has a bath with a shower over and a glass shower screen, a wash basin set into a vanity unit, and a WC. It also has tiled walls and flooring, a mirrored cabinet and a towel ring.

This property is being sold subject to unconditional reservation fee auction terms and conditions.

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% 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 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.

A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.

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: Electric

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