Grange Road, Hartlepool, TS26

An Unmissable Investment Opportunity! This property is being offered at a starting bid of £260,000 plus a reservation fee. It is listed for sale by iamsold in association with Dowen Estates Agents. For more information and to arrange a viewing, please contact Dowen Estate Agents Hartlepool at 01429 860806. We are delighted to present this exceptional three-story, double-fronted terraced property, currently utilized as a commercial space. Formerly a well-known child's day nursery, this property is now offered for sale via auction, and it comes with the added advantage of planning consent approved to transform it into four residential apartments. This presents an incredible project for the discerning buyer, whether you are an investor or developer. The Approved Plans: The approved plans encompass a well-thought-out arrangement, including a 1-bedroom apartment, 2x 2-bedroom apartments, and 1x 3-bedroom apartment. This diverse mix ensures a wide range of potential tenants or homeowners can be accommodated. Abundant Space and Original Features: Spanning three floors, this property boasts ample space and retains many original features throughout, adding a touch of character and history to the development. Exterior Features: At the front, a forecourt area not only adds to the property's curb appeal but also provides a welcoming entrance. The property also offers a generous courtyard at the rear, complete with an artificial lawn area, creating a private and versatile outdoor space for residents to enjoy. This unique opportunity is perfect for those looking to embark on a rewarding project in the property market. Whether you're an experienced investor or a developer seeking a new challenge, this property offers endless possibilities. In summary, this handsome double-fronted terraced property with approved planning consent for residential apartments is a rare gem. With its spacious layout, original features, and versatile outdoor areas, it presents an incredible chance for the right buyer to transform it into a profitable residential development. Don't miss out on this amazing opportunity; get in touch with us today to learn more and take the first step toward realizing its full potential. This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.