Strong rental potential in a convenient city location with off-street parking.
Chain-free two-bedroom apartment, immediate vacant possession
A well-priced, chain-free two-bedroom apartment in a desirable Middlesbrough residential pocket, offered for sale by Modern Method of Auction. The property sits within an early-20th-century building and combines sensible running costs with immediate rental appeal: mains gas central heating, UPVC double glazing and off-street parking to the rear. Internally it benefits from a generous living room with a large window and a contemporary fitted kitchen, delivering straightforward tenant appeal or a comfortable first home.
This is a clear opportunity for investors or buyers happy to purchase at auction. The apartment is leasehold with a modest service charge (£140pcm) and small ground rent (£15). It will be sold subject to the auction process — bidders should note the Reservation Agreement and a non-refundable reservation fee of 4.5% (minimum £6,600 incl. VAT), plus buyer’s fees; prospective purchasers must review the Buyer Information Pack before bidding.
There is potential to increase value: the living room shows dated 1970s finishes and some cosmetic updating would modernise the flat quickly. The building’s solid brick construction likely lacks cavity insulation and the glazing predates 2002, so buyers should allow for energy-improvement works despite the current EPC D rating. Broadband is fast and mobile signal excellent, supporting strong lettability in this area.
Overall, this is a practical, low-entry investment or first-home option in a city location with good schools nearby and convenient amenities. The sale route and additional auction costs make it best suited to buyers who have budgeted for fees and any targeted refurbishment works.
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