Summary - Flat 2, 217 Stockton Road TS25 1SW
1 bed 1 bath Terraced
Readymade one-bedroom buy-to-let with tenant in situ — sold at auction..
Tenant in situ paying £325 pcm since 04/06/2024
Sold by auction 18 Nov 2025 — register to bid beforehand
Leasehold: 125 years from 01/09/1989; ground rent £162.50 pa
Service charge £476.10 (quarterly period shown) — check legal pack
Compact 431 sqft ground-floor one-bedroom apartment, EPC C
Very high local crime and very deprived area — affects demand
Contract documentation fee £1,500 (inc. VAT) payable by buyer
Services not tested; buyers should commission surveys and check legal pack
This ground-floor, one-bedroom apartment is presented as a readymade buy-to-let investment, offered with a tenant in situ paying £325 pcm under a tenancy starting 04/06/2024. The compact 431 sqft layout includes a lounge, kitchen, double bedroom and bathroom, with gas central heating and double glazing. EPC rating C. Tenure is leasehold (125-year lease from 1 Sept 1989).
The property will be sold at auction on 18 November 2025. Buyers should note a contract documentation fee of £1,500 (inc. VAT) payable to the auctioneers on purchase and that the seller may charge additional completion fees detailed in the legal pack. Service charge is listed at £476.10 (quarterly period shown) and ground rent at £162.50 per year — check the legal pack for exact liabilities.
Important investment considerations: the building sits in a very deprived area with very high local crime levels — this will affect tenant demand, rents and resale prospects. Broadband and mobile signal are average. No flooding risk recorded. The particulars state services and appliances have not been tested; purchasers are advised to obtain their own surveys and to review the full legal pack prior to bidding.
This lot suits an investor seeking a low-entry purchase at auction with immediate rental income. Be aware of area-specific risks, leasehold costs and auction-related fees; perform due diligence before bidding.
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