Auction:

Monday 25th November, 6:30pm

Guide Price £63,000
Fees Apply

Nash Peake Street, Tunstall, ST6 5BS

2 Bed

1 Bath

Auction:

Monday 25th November, 6:30pm

Guide Price £63,000
Fees Apply

Nash Peake Street, Tunstall, ST6 5BS

2 Bed

1 Bath

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AUCTION

YIELD OF POTENTIALLY 10%

TWO RECEPTION ROOMS

TWO BEDROOMS

CLOSE TO LOCAL AMENITIES

Please refer to the viewing details

Invest in this unique opportunity: a larger-than-average 2-bedroom end terrace house currently with a tenant in situ, offering an impressive yield of potentially 10%.Interest. Subject to change.

For sale by public auction at The Double Tree Hilton Hotel Stoke-on-Trent, ST1 5BQ on 25th November 2024 at 6.30pm

IMPORTANT INFORMATION ABOUT THE VIEWINGS
To view this property you must call the agent and have your viewing time confirmed or the viewing may not go ahead. Auction viewing dates are scheduled for 13/11/2024 19/11/2024 and 23/11/2024 REMEMBER the viewing time slot must be confirmed by the agent.

This spacious property boasts two bedrooms and two versatile reception rooms, with one currently being used as a third bedroom, providing flexible living arrangements.

The property’s prime location ensures easy access to local amenities, reputable schools, and a GP surgery, making it highly attractive to tenants.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1,000 plus VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website www.buttersjohnbee.com. Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Bidding
Please contact our auction department direct on 0800 090 2200 for further information or email auction@bjbmail.com. Further details are available in the catalogue -https://www.buttersjohnbee.com/auctions/auction-catalogues
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

With its current remarkable yield of potentially 10%, this property promises excellent returns on your investment. Its larger-than-average size and adaptable layout enhance its rental appeal, ensuring sustained tenant interest and consistent rental income.

Don’t miss out on this high-yield investment opportunity.

Contact us today to schedule a viewing and secure your future with this exceptional property!

We also offer remote bidding via internet, telephone or proxy. Please contact the auction team on 0800 090 2200 for further information.

Disclaimer

Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering purchasing your property in order to rent, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.

Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

Location

More Information

Domestic Rates 0.00

Room Descriptions

Accommodation

Ground Floor

Lounge/Diner

11'8" × 21'10" (3.58m × 6.67m)

Two Upvc double glazed windows to the front and side aspect, radiator and carpeted flooring,

Hallway

Under stair storage cupboard and carpeted flooring.

Dining Room

11'3" × 12'5" (3.43m × 3.79m)

Upvc double glazed window to the side aspect, radiator and carpeted flooring.

Kitchen

12'5" × 11'10" (3.79m × 3.62m)

A range of wall and base units with worktops over and a stainless steel sink drainer. Spaces for a cooker, washer/dryer and fridge/freezer. Upvc double glazed window and door to the rear aspect, loft access and cushioned flooring,

First Floor

First Floor Landing

Loft access and carpeted flooring.

Bedroom One

13'10" × 11'8" (4.22m × 3.56m)

Upvc double glazed window to the side elevation, cast iron feature fire surround, radiator and carpeted flooring.

Bedroom Two

8'8" × 8'3" (2.66m × 2.52m)

Upvc double glazed window to the front elevation, radiator and carpeted flooring.

Bathroom

11'8" × 11'10" (3.58m × 3.63m)

A three piece suite comprising of a panelled bath, pedestal wash hand basing and a low level WC. Upvc obscure double window to the side elevation, storage cupboard housing the boiler, radiator and cushioned flooring.

Exterior

Front of Property

On road parking.

Rear Garden

Low maintenance courtyard garden with gated access to the public highway.

Agents Note

Tenure: Freehold Council Tax Band: A

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