Apartment 117, Park Tower, 1, Park Road, HARTLEPOOL, Cleveland, TS24 7PT

Two bedroom, first floor apartment with allocated car parking space,
Ideal as a buy to let investment.

Description
Located within this iconic period building, formerly the Cooperative Society, which occupies a prominent corner position at the junction of Park Road and Stockton Road. This prestigious building has now been converted and restored to offer modern, light and airy apartments, yet still manages to retain parts of the original character and features. This first floor, two bedroom apartment overlooks Stockton Road and beyond, with the main shopping centre, bus and train stations all nearby. The apartment has an intercom entry system, lift to the first floor, double glazed windows, electric heating and barrier access to the secure car park with allocated space. Ideal investment purchase as until recently has been let at £425 per calendar month and is now to be sold vacant as the tenant has given notice to vacate. Once ready to rent again, the rental value would be in the region of £500-£550 PCM.

Please Note:
The internal photos displayed are from prior to the tenant moving in and are to be used for guidance purposes only. Updated photos and viewings will be available once the tenant has moved out.

Accommodation
Ground Floor: Entrance via Stockton Road, with Intercom System into the
Communal Hallway and Lifts.
First Floor: Landing, Entrance, Open Plan Living Space with Lounge/ Dining/ Kitchen Area, Two Bedrooms and Bathroom.
External: Allocated Parking Space within the Secure Car Park with Barrier
Access and Communal Courtyard to the First Floor

Tenure:
Leasehold. Held on a lease for a term of 125 years from 1st January 2005 at a current ground rent of £135.60 and a service charge of £1504.25.

Council Tax Band: B

EPC Rating: E

Viewings:
Manners and Harrison, 129 York Road, Hartlepool, TS26 9DW Tel: 01429 261351.






Important Notice:
For each Lot, a contract documentation fee of £1,500 (inclusive of VAT) is payable to Barnard Marcus Auctions by the buyer. The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
The Guide Price quoted must not be relied upon by prospective purchasers as a valuation or assessment of value of the property. It is intended to provide purchasers with an indication of the region at which the reserve may be set at the time of going to press. The guide price may be subject to variation and interested parties are advised to make regular checks for variations and should be aware that the reserve price may be either below or above the quoted guide price.
Prospective purchasers should also be aware that the eventual sale price may be above or below the guide level dependent upon competition, and should therefore not presume the guide to be indicative of the final expected sale price or the price the property is available at.
When setting the guide price, the auctioneers have given consideration to the seller’s instructions in respect of their indicated reserve price at the time of instruction. The reserve price, (the level below which the property will not be sold), remains confidential between the seller and the auctioneer. The guide price therefore, is intended to indicate the region at which the reserve price is intended to be set. The seller will confirm their final reserve price close to the auction date and if appropriate the auctioneers may adjust the guide price to reflect this.
Whilst Barnard Marcus make every effort to ensure the safety and security of viewers at properties, we have not carried out a detailed Health & Safety inspection of properties in our auctions and cannot therefore guarantee the safety and security of viewers.
Prospective purchasers and bidders attend properties entirely at their own risk. Particular care should be taken when accessing cellars, attics, exterior grounds and outbuildings and boundaries. All non-conducted inspections of vacant sites should be made in daylight hours only and entry into such sites is entirely at the viewers risk.
1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Photographs and Measurements: Some images may have been taken by a wide angled lens camera. These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.