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EE Rating
Popular
Total views:  2500+

2 bedroom apartment for sale

Clough Close, Middlesbrough TS5
Apartment
2 beds
1 bath
505
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 134 yrs left
Ground rent£110 per annum | review period: unconfirmed
Service charge£2,030 per annum
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Two Bedroom First Floor Apartment with Balcony
  • Buyers Fees Applicable
  • Professional Tenants in Situ (Referenced By Horizon Sales & Lettings)
  • Recently Increased Rent of £625 PCM
  • Potential to Increase to £650 PCM (Upon Review)
  • Gross Yield of 12.7%
  • Turnkey and Cashflowing
  • 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: £1015.84 per flat. (Ground Rent, Reserve Fund, Service Charge, Insurance etc.)
Tenanted Two-Bedroom First Floor Apartment – Investment Opportunity

We are pleased to bring to the market this two-bedroom first floor apartment located within the popular Ayresome Park development, TS5.

The property is well positioned close to local shops, amenities, and offers excellent transport links, including easy access to the A66. Further benefits include double glazing, electric heating, and an allocated parking space.

The apartment is currently tenanted, providing an immediate rental income. The rent has recently been increased to £630 per calendar month, making this an ideal opportunity for investors seeking a ready-made buy-to-let investment.

Internally, the accommodation briefly comprises an entrance hallway, fitted kitchen, living room, two double bedrooms, and a family bathroom.

A Buyer’s Premium Fee of £1,500 + VAT is applicable.

The property is also available as part of a pair with another apartment within the same building. Please enquire for further details on purchasing individually or as a pair.

Property information from this agent

About this agent

Property Express Sales - Middlesbrough
Property Express Sales - Middlesbrough
57 Gilkes Street Middlesbrough TS1 5EL
01642 048198
Full profileProperty listings
We are Property Express, a local independently owned estate agent, previously situated in central Normanby, we have now merged our Branch with Horizon Property Group! Our new office is home to in house residential sales and lettings, all of market mortgage/financial services, and bespoke investment services from our dedicated partners. You can now find us situated at 57 Gilkes Street, Middlesbrough TS1 5EL. Why not call into our amazing new office for a tea/coffee, friendly chat and look around, even if your not thinking of selling!
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