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    Clough Close, Middlesbrough, North Yorkshire, TS5 5DW

    Offers In Excess Of £57,500Leasehold

    211
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    Property Calculators

    Property Value (£)
    Deposit (£) 10.00%
    Duration (Years)
    Interest Rate (%)

    Mortgage

    Estimated Monthly Mortgage Payment:
    £266 /mo.
    25 Years, 3.75% Interest
    Loan
    £51,750
    Total Repay
    £79,819

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £0
    0% up to £57,500
    Your effective stamp duty rate is 0%

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    Offers In Excess Of £57,500

    Flat

    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
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Two Bedroom First Floor Apartment
    Buyers Fees Applicable of £1,500+VAT
    Newly Tenanted with Quality Occupants and Strong Return
    Turnkey Investment Opportunity
    Current Rental Income of £650PCM
    Potential Gross Yield of 13.2%
    Desirable Tenant Location for Quality, Long-Term Tenants
    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 Third Floor Apartment

    We are delighted to bring to the market this well-presented two-bedroom first floor apartment, situated within the popular Ayresome Park development, TS5.

    The property is ideally located close to local shops and amenities, with excellent transport links and easy access to the A66. Additional benefits include double glazing, electric heating, and an allocated parking space.

    The apartment is newly tenanted and refreshed with new carpets throughout! An income of £650PCM is being achieved making this an ideal turnkey investment, in a great area attracting high quality tenants.

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

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

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