2 Bedroom Terraced House, 37 Tennyson Street, Middlesbrough, TS1 4LZ

Overview

Hammer Price Homes are delighted to present for sale by online auction this vacant & chain free 2 bedroom terraced house in Middlesbrough. This auction is recommended for cash buyers only.

The accommodation briefly comprises: To the ground floor is an entrance hallway leading to a lounge, dining room, kitchen and bathroom. To the first floor there are 2 well sized bedrooms.

Externally, there is a yard to the rear of the property.

Whilst we are not aware of any structural issues, the property is in need of significant modernisation and we believe that you may not be able to secure a mortgage on the property, for this reason we recommend that this is for cash buyers only. If you are planning on financing the purchase through a mortgage, then please ensure that lending has been agreed prior to bidding as there will be no grounds to exit the sale with a return of the reservation fee if you have been declined a mortgage. Terms and conditions apply.

To view this property please visit the Hammer Price homes website and register your details.

Location

Tennyson Street is located in the heart of Middlesbrough City Centre which offers easy access to a wide range of amenities including supermarkets, shops, restaurants, a cinema and Middlesbrough Tain Station.

Teesside University is conveniently located just a two minute walk away which could make this property an ideal buy to let investment with the potential to offer student accommodation, subject of course to gaining any necessary consents.

Auction Details

** Recommended for cash buyers only. 90 Days to complete and no deposit payable**

Please note that there is a Reservation fee (2.4% Inc. VAT subject to a minimum of £2,400 Inc. VAT) payable by the buyer on winning the auction. The reservation fee does not constitute part of the sale price, this is the auctioneer’s fee and is to be paid over & above the sale price paid to the Vendor.

To view the property you must register and book on one of the open days as detailed above. (Please note: Entrance will be refused if you are not on the list so please make sure you book your place using the online system. Lists close 24 hours before the open day starts so book in plenty of time.)

Auction ends – Wednesday 1^st May 2019 1pm (please read anti-sniping rules which may extend the auction)

Bidding Window Opens – Monday 29^th April 2019 (Please note bidding won’t be possible until this time)

Starting price – £20,000 (Reserve price is higher & unpublished)

Special Conditions

We recommend that this is for cash buyers only. If you are planning on financing the purchase through a mortgage, then please ensure that lending has been agreed prior to bidding as there will be no grounds to exit the sale with a return of the reservation fee if you have been declined a mortgage. Terms and conditions apply.

Other Information

Tenure – Freehold

How to make an offer

Offers can only be made via the online auction in the form of a bid once the bidding window has opened. No offers will be accepted outside of the auction process.

Once a sale has been agreed (STC) and a price agreed then no further price negotiation will take place. This sale price is fixed and the buyer honoured to pay it. Should the buyer withdraw then they may have to forfeit the reservation fee.

Please read the buyer terms and FAQ’s on the site for more details.This is a probate property and is sold as seen. The solicitor to the estate has never lived there and may not be able to answer the usual pre-contract questions.