Lot

23

Penley Dee, 1a Shaftesbury Street, Stockton on Tees, TS18 3EL

Property Enquiries

Dominic Smith

dominic.smith@bidx1.com
+44 (0)20 7358 5650

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Description

Map

Viewings


Property Summary
  • In the same ownership for over 16 years
  • Freehold five floor double fronted corner property arranged as twelve self-contained flats
  • Eight flats vacant, four flats let
  • Part vacant investment producing £9,948 per annum
Tenure

Freehold 

Location

Situated at the corner with Shaftesbury Street and Westbourne Street. Public transport includes Stockton and Thornaby railway stations. Shopping amenities are at Castlegate Shopping Centre. Recreation facilities can be found at Ropner Park. Durham University Queens Campus is also close by.

Rental Information

Total rent reserved £9,948

We are advised by the vendors that when the property is fully let the total rent achievable would be in the region of approximately £31,000 per annum. Prospective purchasers must rely on their own enquiries in this regard.

Property Table
UnitFloorAccomodationTenancyRent Per Annum
1GroundStudio room, kitchen, shower room/wc12 month AST from 6/4/2019£2,400
2GroundStudio room, kitchen, shower room/wcVACANT 
3BasementStudio room, kitchen, shower room/wcVACANT 
4BasementStudio room, kitchen, shower room/wcVACANT 
5FirstStudio room, kitchen, shower room/wcVACANT 
6FirstStudio room, kitchen, shower room/wc12 month AST from 1/3/2017 (holding over£2,208
7SecondTwo bedrooms, reception room, kitchen, shower room/wc12 month AST from 9/7/2018£3,000
8SecondStudio room, kitchen, shower room/wcVACANT 
9ThirdStudio room, kitchen, shower room/wc12 month AST from 6/9/2010 (holding over)£2,340
10ThirdTwo bedrooms, reception room, kitchen, shower room/wcVACANT 
11GroundTwo bedrooms, reception room, kitchen, shower room/wcVACANT 
12FirstTwo bedrooms, reception room, kitchen, shower room/wcVACANT 

 


No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.