The subject property is located on Camden Street, just off Dennison Street which runs parallel with Yarm Road in the centre of Stockton-on-Tees
Stockton-on-Tees offers a range of local & national retailers along with plentiful bars and restaurants. The train station is within walking distance from the subject property.
The A66 linking to Middlesborough and Darlington is just a 5 minute drive away. In addition the A66 provides easy access to the A1 motorway.
The subject property is a mid terraced building of traditional brick construction with tiled roof. It has been recently refurbished.
The ground floor comprises an entrance hall with burglar alarm and single radiator, door to a large double aspect carpeted lounge / dining area with feature Adam style fire surround with electric fire and marble hearth. The kitchen has white hi-gloss base and eye level units, Indesit ceramic hob and stainless steel electric oven, sink with drainer. The kitchen also provides access to the downstairs 3 piece bathroom suite with Triton Cara over bath electric shower.
Upstairs boasts two good sized carpeted double bedrooms with fitted wardrobes, both have the benefit of single radiators and double glazed windows. The is a low maintenance yard to the rear of the property accessed via the kitchen.
Kitchen: 2.97m x 1.94 (max.)
Living Room: 6.7m x 3.4m (max.)Bedroom 1: 4.3m x 3.09m (max.)
Bedroom 2: 3.50m x 2.57m (max.)
We understand the property has mains gas, electricity, water and drainage.
The anticipated rental income is £420 per calendar month (£5040 per annum) reflecting a yield of 10.9%.
The property is rated in Council Tax Band A. Council Tax payable (2015/16) is £1,076.15
Online Property Auction Date
November 19th to 26th 2015
No VAT will be payable on the purchase price of the property.
Please contact John Pye Property.
Telephone: 0115 970 6060