1 bedroom apartment for sale

>

1 bedroom apartment for sale

141 Clough Close, Middlesbrough, Cleveland, TS5 5EU
£35,000

Our Summary

  • Guide Price = £35,000+ **For Sale By Public Auction 3rd July 2025 10:00 AM To inspect the legal documents for this property go to our website to download the legal pack** A First Floor One Bedroom Flat Subject to an Assured Shorthold Tenancy Producing £5,100 Per Annum (Reflecting a Gross Initial Yield of 14

Description

This one-bedroom flat is being sold by public auction on July 3rd, 2025, and is situated on a residential road near local shops and amenities. The property is leasehold with approximately 132 years remaining on the 155-year lease, and is currently let out on an Assured Shorthold Tenancy at a rent of £425 per month, producing an annual income of £5,100. The flat is located on the first floor of a purpose-built block, with accommodation including a reception room, kitchen, bedroom, and bathroom. The property is being sold with a guide price of £35,000+, and buyers will be required to pay a buyer's premium of 1.2%+ VAT, in addition to a buyer's admin fee of £1,500 inc VAT.