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2 Bed Flat, Cash/Bridging Only, Stockton-on-Tees, TS21 2HZ £80,000

14 Wallington Drive, Sedgefield, TS21 2HZ - 2 views - 6 months ago
  1. Deal Search
  2. Stockton-on-tees
  3. TS21
  4. TS21 2HZ
Sold STC
Leasehold
Cash
ROI: 5%
52 m²

ValuationFair Value

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Links

  • More Deals in Stockton-on-tees
  • More Deals in TS21
  • More Cash/Bridging Only Deals
  • More Cash/Bridging Only Deals in Stockton-on-tees
  • More Cash/Bridging Only Deals in TS21

Property History

Listed for £80,000

June 16, 2025

Floor Plans

Description

  • A FIRST FLOOR APARTMENT - WITH ITS OWN PRIVATE ENTRANCE +
  • A WELL SIZED PRIVATE LAWNED GARDEN TO THE REAR WITH GATED ACCESS TO OFF-STREET PARKING +
  • A GROUND RENT OF A MERE £20 PER ANNUM +
  • THE APARTMENT IS 'ALL ELECTRIC' +
  • ** DUE TO THE CURRENT LENGTH OF LEASE (46 YEARS) IT IS ADVISABLE TO BE A CASH PURCHASER ALBEIT WE ARE AWARE VIA A BROKER OF A LENDER WHO WOULD LEND SUBJECT TO FURTHER TERMS AND CONDITIONS BEING MET * +
  • ** OPTIONS ARE AVAILABLE TO EXTEND THE LEASE . PLEASE CONTACT US FOR FURTHER INFORMATION ** +
  • THE APARTMENT IS CURRENTLY LET AT £600PCM HOWEVER THE TENANT IS IN THE PROCESS OF VACATING AT THE TIME OF THIS LISTING +

ARE YOU LOOKING TO INVEST? THIS PROPERTY WOULD GENERATE A FIGURE OF £650 PCM THEREFORE A YIELD OF JUST UNDER 10% AT BASE PRICE. OTHERWISE IT WOULD MAKE AN EASY TO MAINTAIN, PLEASANTLY LOCATED HOME FOR ANYONE WISHING TO RESIDE WITHIN.
Located in a pleasing just off centre location with the ever popular village of Sedgefield this two bedroom first floor apartment offers an abundance of space whilst being well maintained and presented throughout. The apartment in brief externally yields its own private entrance, a private lawned rear garden, and off street parking, whilst internally there are two good sized double Bedrooms, a spacious Lounge, a modern Kitchen and a Bathroom with a white suite. The property is double glazed and is all electric. The apartment is a mere half a mile or a likely ten minute walk to Sedgefield's bustling centre, with various shops, eateries, and amenities. Its is advisable to be a cash purchaser due to the current remaining length of the lease. There is an ability to extend the current lease however

Ground Floor Entrance Hall - The property is accessed from the front elevation into a private entrance hall, which has stairs leading up to the main body of the property.

Hall - Access into the two Bedrooms, the Lounge and the Bathroom is gained via the Hall, which also offers a storage cupboard.

Lounge - 3.273 x 4.404 (10'8" x 14'5") - A beautifully sized, light and airy reception room located to the front of the property which offers elevated views over green areas and trees courtesy of the large UPVC double glazed front facing window. The Lounge also offers a wall mounted heater, is dressed in neutral shades and offers a feature fireplace with electric fire inset as the focal point. A door leads into the Kitchen

Kitchen - 2.693 x 2.329 (8'10" x 7'7") - A compact and modern Kitchen to the rear of the property which has a range of fitted wall and base units with contrasting work surfaces set over which are inset with a sink and drainer unit, whilst offering space for a cooker point, space for a washing machine and also allocated space for a fridge freezer. There is a rear facing UPVC double glazed window overlooking the rear garden and parking area beyond.

Bathroom - Offering a recently renewed white suite comprising of a low level w.c., a wash hand basin, and a panelled bath, There are part-tiled walls, and a rear facing upvc double glazed window.

Bedroom (Rear) - 2.599 x 3.039 (8'6" x 9'11") - A second Bedroom located to the rear of the property dressed in neutral shades and offering a wall mounted heater and a rear facing UPVC double glazed window

Bedroom (Front) - 3.814 x 3.078 (12'6" x 10'1") - A well sized double Bedroom located to the front of the property offering a wall mounted heater and a UPVC front facing window again offering elevated views,

Exterior - To the rear is ample communal off street parking, with gated access into the private Garden which belongs solely to this apartment. The garden has timber fenced boundaries and is mainly laid to lawn.

Agent Details

Progression Property, Middlesbrough

01642 056899

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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