**Guide Price £60,000 - £80,000 * PLUS 5% BUYERS PREMIUM OR MINIMUM OF £5000 + VAT
For sale by unconditional online auction on the 26th of March 2025.
Registration is now open, bidding opens on 26th of March at 10:00 and ends on 26th of March at 12:05.**
High-Yield 3-Bed Buy-to-Let Property
Description
Investment Opportunity High-Yield Property for Sale
Property Overview
Location: 32 Cleveland Street, TS6 0LU
Property Type: Terrace House
Bedrooms: 3
Bathrooms: 1
Tenure: Freehold
Tenancy Status: Fully Let
Investment Strategy: Buy-to-Let
Key Features
High-Yield Investment Strong ROI from Day One
Fully Tenanted / Ready for Letting / Refurbishment Potential
Competitive Room Rates / Market Rent
Prime Location with Strong Rental Demand
Close to Key Transport Links, Shops & Amenities
Full Legal Pack Available for Quick Purchase
Completion in as little as 28 Days
Current Investment Figures
Current Rental Income: £595 PCM / £7,140 PA
Current Gross Yield: 9.15%
Projected Investment Figures (If Applicable)
Market Rental Potential: £650 PCM / £7,800 PA
Projected Gross Yield: 10.00%
Potential for Capital Growth: Medium
Value-Add Potential: Refurbishment, Rent Increases
Investment Strategy & Exit Options
Buy-to-Let: Long-term passive income with stable rental returns.
HMO Strategy: Multiple income streams, high-yield potential.
Serviced Accommodation: Short-term rental potential for increased profits.
Flip Opportunity: Add value through refurbishment and resale.
Why Invest in This Property?
Turnkey investment with immediate rental income
Growing rental market in a high-demand location
Strong potential for long-term appreciation
Hassle-free purchase with full legal pack available
Secured sale with no chain & quick 28-day completion
Interested? Get in touch today!
For more information or to arrange a viewing, contact Town & Country Property Auctions North East:
Disclaimer:
Material information will be provided within the legal pack- to download this register your interest at tcpa.co.uk.
Please Note T&C has not inspected this property.
#InvestmentOpportunity #BuyToLet #HighYield #HMO #PassiveIncome #ServicedAccommodation #FlippingHouses #PropertyForSale #PortfolioExpansion
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
