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Clough Close, Middlesbrough, North Yorkshire, TS5 5DW
2 Bedrooms1 Bathroom1 Reception
Key Information
Tenure:Leasehold
Service charge:£2,030 per year
Ground rent:£110 per year
Time remaining on lease:134 years
Council tax band:Not available
Broadband:up to 1800Mbps
Key Features
Two Bedroom First Floor Apartment with Balcony
Buyers Fees Applicable
Professional Tenants in Situ (Referenced By Horizon Sales & Lettings)
Recently Increased Rent of £625PCM
Potential to Increase to £650PCM (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.)
Description
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 £625 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.
