No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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CAM01415 G0 PR0196 STILL007 thumbnail h750 70.jpg
CAM01415 G0 PR0196 STILL007 thumbnail h750 70.jpg
CAM01415 G0 PR0196 STILL006 thumbnail h750 70.jpg
£20,000
Added > 14 days

2 bedroom apartment for sale

Sledmere Close, Peterlee
Virtual tour
Auction
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Apartment
2 bed
1 bath
EPC rating: D*
678 sq ft / 63 sq m

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Ultra-fast 9000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • SOLD WITH A SITTING TENANT WHO HAS BEEN THERE FOR SEVERAL YEARS.
  • THE TENANT IS UP-TO-DATE WITH ALL PAYMENTS, PROVIDING £390 PER MONTH INCOME.
  • FLAT UP FOR AUCTION SALE, IDEAL FOR INVESTORS.
  • PROPERTY SOLD AS-IS, REQUIRES REFURBISHMENT TO MEET MODERN STANDARDS.
  • LOCATED ON THE GROND FLOOR OF A FOUR-FLAT BUILDING.
  • FLEXIBLE VIEWINGS.
The property comes with the benefit of immediate cash flow as it is being sold with a long-term sitting tenant, who pays £390 per month. Rest assured, the tenant has been punctual with payments and has occupied the property for several years. Want to invest?

Ground Floor -

Entrance - As you enter, you'll find a compact space with laminate flooring and a storage cupboard - a useful area that could be refashioned with a bit of creativity.

Lounge - The lounge area, although in need of window glass replacement, offers plenty of room and comes equipped with plumbing flooring and a radiator.

Kitchen - The kitchen holds potential with its wall and base units, wood effect flooring, and additional storage space.

Bathroom - The bathroom, decked in white, features a sink, W/C, bath, flooring, a radiator, and a frosted window, providing all the essentials.

Bedroom 1 - Two bedrooms complete the flat, both fitted with laminate, radiators, and windows, ready to be personalized to your tenant's taste or upgraded to increase rental income.

Bedroom 2 - Two bedrooms complete the flat, both fitted with laminate, radiators, and windows, ready to be personalized to your tenant's taste or upgraded to increase rental income.

Summary - Seize this opportunity to purchase a property with a steady income stream that, with a bit of modernisation, could offer significant returns. Remember, this flat is sold with vacant possession at auction. Don't miss out!
SERVICE CHARGE: £146.06 PER MONTH

Auction Conditions - Auctioneer Comments
This property is for sale by Traditional Auction. Exchange takes place immediately with completion within 28 days. The buyer
pays a 10% (of the purchase price) Non-Refundable Deposit on exchange. Interested parties' personal data will be shared
with the Auctioneer (iamsold Ltd).
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £300 inc VAT for this pack.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.

Property information from this agent

Places of interest

    At PH Estate Agents, we specialise in properties across Cleveland and North Yorkshire, with branches based in Redcar, Yarm and Middlesbrough. Our heritage comes from traditional estate agency values, based on trust and exceptional customer service. Our dedicated and experienced team provide a modern service, based on traditional values, and we consistently strive to improve our service to ensure our customers have the best possible experience with us. We understand that homes are not just bricks and mortar and make it our business to understand our customers and their situations, dealing with all aspects of your property journey with professionalism and care.

    See more properties like this:

    *DISCLAIMER

    Property reference 32743084. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by PH Estate Agents - Eston.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on January 27, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on March 23, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on February 7, 2013 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.