Block of flats for sale in Stockton-on-Tees TS18, 10 Bedroom

Lot 214 - This lot is for sale by auction as lot 214 on Thursday 25th October 2018.

Three Freehold Purpose Built Buildings

- Internally arranged to provide Twenty-Two Self-Contained Flats
- Each Flat providing Two Bedroom Accommodation
- Twenty Flats subject to an Assured Shorthold Tenancy, Two Flats Vacant
- Each Flat benefits from a Parking Space
- To be offered Collectively as One Lot
- Total Current Rent Reserved

£111,780 per annum (equivalent) with two flats vacant

Tenure
Freehold.

Location
The property is located to the west of Wellington Street, close to its junction with Hutchinson Street. Local amenities are available along the A103 and High Street. Wellington Square Shopping Precinct is close by. Stockton-on-Tees Rail Station is approximately 0.3 miles to the north. The A1305 provides access to the A139 and in turn the A19. Mill Lane Primary School is located on Wellington Street. Durham University Queen’s Campus is to the east.

Description
The property comprises three purpose built buildings arranged over ground and three floors. The properties are arranged to provide a total of 19 x two bedroom self-contained flats, together with 3 x two bedroom penthouses. Each flat benefits from a parking space. There is additional disabled and visitor car parking. The property is to be sold collectively as one lot.

Accommodation and Tenancies
The property was not internally inspected by Allsop. The information set out below was provided by the Vendor.

To View
Flats 5 and 6 will be open for viewing every Monday and Wednesday before the Auction between 11.00 – 11.30 a.M. These are open viewing times with no need to register. (Ref: Mw).

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.