21 Stephen Street Hartlepool County Durham TS26 8QB

  • 21 Stephen Street<br>Hartlepool<br>County Durham<br>TS26 8QB

21 Stephen Street
Hartlepool
County Durham
TS26 8QB

Freehold Supported Living Investment

  • 2 bedroom Terrace House
  • Let to Sanctum Housing Community Interest Company until 2041
  • Landlord Option to extend until 2046
  • Annual Rental increases inline with the Consumer Price Index subject to a minimum of 1% per annum and a maximum of 4% per annum
  • Less than a mile from Hartlepool Railway Station
  • Popular Location close to Hartlepool Town Centre
  • These Investments are available as a portfolio
  • Lot
    23
  • Auction
    15th December 2022
  • Rent
    £5,980 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price
     
  • Sector
    Residential
  • Auction Venue
    Live Streamed Auction
Video of Property
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Freehold Supported Living Investment

  • 2 bedroom Terrace House
  • Let to Sanctum Housing Community Interest Company until 2041
  • Landlord Option to extend until 2046
  • Annual Rental increases inline with the Consumer Price Index subject to a minimum of 1% per annum and a maximum of 4% per annum
  • Less than a mile from Hartlepool Railway Station
  • Popular Location close to Hartlepool Town Centre
  • These Investments are available as a portfolio
  • Lot 23
  • Auction 15th December 2022
  • Rent £5,980 per Annum Exclusive
  • Status Withdrawn Prior
  • Price  
  • Sector
    Residential
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
8 Miles North of Middleborough, 17 miles south east of Durham, 28 miles south east of Newcastle
Roads
A179
Rail
Hartlepool Railway Station
Air
Newcastle Airport
Situation

Hartlepool is a port town and administrative centre of County Durham, approximately 17 miles south-east of Durham and 20 miles north-east of Darlington. The property is situated on the south side of Stephen Street close to its junction with Duke Street. The property is located less than a mile from Hartlepool Railway Station.

Tenure

Freehold.

Location
Miles
8 Miles North of Middleborough, 17 miles south east of Durham, 28 miles south east of Newcastle
Roads
A179
Rail
Hartlepool Railway Station
Air
Newcastle Airport
Situation

Hartlepool is a port town and administrative centre of County Durham, approximately 17 miles south-east of Durham and 20 miles north-east of Darlington. The property is situated on the south side of Stephen Street close to its junction with Duke Street. The property is located less than a mile from Hartlepool Railway Station.

Tenure

Freehold.

Description

The Property comprises a 2 storey terrace house with 3 bedrooms and has the benefit of a rear yard and rear access. The property also benefits from double glazed windows.

The property has recently undergone a refurbishment programme.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The Property comprises a 2 storey terrace house with 3 bedrooms and has the benefit of a rear yard and rear access. The property also benefits from double glazed windows.

The property has recently undergone a refurbishment programme.

VAT

VAT is not applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx
Tenant Term Rent p.a.x. Rent Review
Ground
First
Residential
3 Bedrooms
  SANCTUM HOUSING CIC
(CRN 12596536) (1)
16/12/2022 until 15/12/2041 with a landlords option to extend until 2046
£5,980
Annual Rent reviews in line with Consumer Price Index (CPI) (2)
Total Approximate
Floor Area
         
£5,980
 

(1) Sanctum Housing CIC (CRN12596536) is a Community Interest Company which are companies set up for the benefit of the community and are hybrid between a charity and a profit making company. Sanctum Housing CIC provides supportive living for vulnerable people providing support for those who have experienced homelessness. (www.sanctumhousing.org)
(2) The lease provides for the rent to be increased annually in line with the consumer price index (CPI) subject to a minimum of 1% per annum and a maximum of 4% per annum.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    25.11.22
    File Size
    2 MB
    View PDF
  • Common Auction conditions
    Updated Date
    20.05.24
    File Size
    620 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Trowers & Hamlins LLP 3 Bunhill Row
London
EC1Y 8YZ
Dwynwen Lewis (0)20 7423 8744dlewis@trowers.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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