Ewemove are bringing an investment opportunity in Stockton. Close to the town centre, the property is ideal for an existing investor that is looking for a project. The property is one building with four separate 1/2 bedroomed flats. This property would be ideal for a developer that could split the title into four, for either future sales or bringing the property/completed flats to the Stockton rental market.

The ground floor has two flats, one to the right as you enter the property and one to the rear. Flat one has a large open plan living/kitchen area, with a double room and shower room to the rear. To the rear of the corridor, flat two has a small ground floor single bedroom and has its own second floor, where you will find the kitchen and shower room.

The third flat is on floor one, with a separate lounge, double bedroom, kitchen and shower room. Flat four is on the second floor and is the largest of the flats, with two double rooms, a lounge, kitchen and shower room.
There is access to the front and to the rear of the property, the front has a garden area and the rear has a small concreted yard.

The property is located very close to the town centre, it is walking distance to Stockton Train station and Durham University Queens Campus. A short drive to the A66/A19 giving a 30 minute commute to Northallerton and 45 minutes to Sunderland to the north. This property is ideally situated to get across the whole of the Teesside Area.

All bids are to be made via IAMSOLD:
This property includes:

• 01 - Kitchen/Dining/Living Room
  
  5.22m x 4.13m (21.5 sqm) - 17' 1" x 13' 6" (232 sqft)
  
  Flat 1 living/kitchen with double glazing fittings.
  
  
• 02 - Bedroom (Double)
  
  3.83m x 2.9m (11.1 sqm) - 12' 6" x 9' 6" (119 sqft)
  
  Flat 2 Double Bedroom.
  
  
• 03 - Shower Room
  
  1.92m x 1.72m (3.3 sqm) - 6' 3" x 5' 7" (35 sqft)
  
  Flat 1 Shower Room.
  
  
• 04 - Bedroom
  
  4.13m x 2.2m (9.1 sqm) - 13' 6" x 7' 2" (98 sqft)
  
  Flat 2 Single Bedroom.
  
  
• 05 - Kitchen/Dining/Living Room
  
  5.5m x 2.2m (12.1 sqm) - 18' x 7' 2" (130 sqft)
  
  Flat 2 Living/Kitchen.
  
  
• 06 - Shower Room
  
  2.49m x 0.94m (2.3 sqm) - 8' 2" x 3' 1" (25 sqft)
  
  Flat 2 Shower Room
  
  
• 07 - Bedroom (Double)
  
  4.38m x 2.84m (12.4 sqm) - 14' 4" x 9' 3" (133 sqft)
  
  Flat 3 Double Bedroom.
  
  
• 08 - Living Room
  
  4.38m x 3.11m (13.6 sqm) - 14' 4" x 10' 2" (146 sqft)
  
  Flat 3 Living Room.
  
  
• 09 - Shower Room
  
  2.1m x 1.66m (3.4 sqm) - 6' 10" x 5' 5" (37 sqft)
  
  Flat 3 Shower Room.
  
  
• 10 - Kitchen
  
  2.99m x 2.14m (6.3 sqm) - 9' 9" x 7' (68 sqft)
  
  Flat 3 Kitchen.
  
  
• 11 - Bedroom (Double)
  
  4.18m x 2.62m (10.9 sqm) - 13' 8" x 8' 7" (117 sqft)
  
  Flat 4 Double Bedroom 1.
  
  
• 12 - Bedroom (Double)
  
  3.38m x 3.01m (10.1 sqm) - 11' 1" x 9' 10" (109 sqft)
  
  Flat 4 Double Bedroom 2.
  
  
• 13 - Living Room
  
  4.38m x 3.88m (16.9 sqm) - 14' 4" x 12' 8" (182 sqft)
  
  Flat 4 Living Room.
  
  
• 14 - Shower Room
  
  1.75m x 1.69m (2.9 sqm) - 5' 8" x 5' 6" (31 sqft)
  
  Flat 4 Shower Room.
  
  
• 15 - Kitchen
  
  2.62m x 2.1m (5.5 sqm) - 8' 7" x 6' 10" (59 sqft)
  
  Flat 4 Kitchen.
  
  
• Please note, all dimensions are approximate / maximums and should not be relied upon for the purposes of floor coverings.

Additional Information:

For Sale by Modern Auction - T&C's Apply

Subject to Reserve Price

Buyer fees apply

The Modern Method of Auction

Ideal for investors

Council Tax:

Band A

Energy Performance Certificate (EPC) Rating:

Band F (21-38)

Auctioneer Comments

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.



Referral Arrangements

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Marketed by EweMove Sales & Lettings (West Darlington) - Property Reference 46094