ROI = 15% BMV = 21.45%
Gallery
Description
**SELLING WITH TENANT IN-SITU** We welcome to the market this two bedroom ground floor flat located in Ayresome Park Development, TS5. The property is close to local shops, amenities, and great access links to the A66. It benefits from Double Glazing, Electric Heating, and an allocated parking space.This investment is Let to a professional couple looking to stay on a Long Term basis, with all references completed in house for the Tenancy in house. The apartment briefly compromises entrance hallway, kitchen, living room, two double bedrooms, and family bathroom. Buyers Premium Fee Applicable of £3,600+VAT. Available as a pair with another flat from this building. Enquire for more information on how to secure, either individually, or as a pair. The property is to be sold as seen.
Find out MoreProperty Details
- Property ID: 156953318
- Added On: 2025-01-16
- Deal Type: For Sale
- Property Price: £65,000
- Bedrooms: 2
- Bathrooms: 1.00
Amenities
- Two Bedroom Ground Floor Apartment
- Tenure: Leasehold
- Professional Tenants in Situ (Referenced By Horizon Sales & Lettings)
- Achieving £575PCM
- Potential to Increase to £650PCM (Upon Review)
- Current Gross Yield of 9.38%
- Potential Gross Yield of 10.6%
- Sought After Location of Linthorpe
- TS5
- Closely Situated to Middlesbrough Town Centre
- Public Transport Routes
- Amenities and Schooling
- Total payable to Sinclair Gardens every 6 months: £1263.87 per flat. (Ground Rent
- Reserve Fund
- Service Charge
- Insurance etc.)
