Contact Us
Fees Apply

London Road, Stoke, ST4 5RW

4 Bed

2 Bath

Contact Us
Fees Apply

London Road, Stoke, ST4 5RW

4 Bed

2 Bath

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INVESTORS

GOOD POTENTIAL YIELD

SITUATED IN THE HEART OF STOKE

CLOSE TO GREAT COMMUTER LINKS

CLOSE TO STAFFS UNI

CLOSE TO STOKE COLLEGE

For sale by public auction on 7th March 2022 at 6.30pm at the Double Tree by Hilton, Festival Park, Stoke-on-Trent. A terrace property divided into two flats located in the heart of Stoke. Within walking distance to Stoke University and College with...

For sale by public auction on 7th March 2022 at 6.30pm at the Double Tree by Hilton, Festival Park, Stoke-on-Trent.

This property has two flats within; a two bed ground floor flat and a two bed first floor flat. Both having a lounge, kitchen and bathroom or shower room.

These flats have previously been rented out at £340 four weekly, per flat which gives the potential yield of 8%.

Call 01782 202600 to arrange a viewing.

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

Room Descriptions

Accommodation

Ground Floor

Entrance Hall

Lounge

Storage heater and carpeted flooring.

Kitchen

A range of wall and base units with complimentary worksurfaces and a stainless steel sink drainer with mixer tap. Upvc obscure double glazed window to the side aspect, cushioned flooring and spaces for a cooker, fridge/freezer, washing machine and tumble dryer.

Bedroom One

Upvc double glazed window to the front aspect and carpeted flooring.

Bedroom Two

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

Shower Room

Shower cubicle with electric shower, pedestal wash hand basin and low level WC. Upvc obscure double glazed window to the side aspect and tiled flooring.

First Floor

Entrance Hall

Open Plan Lounge/Kitchen

Two Upvc double glazed windows to the side elevation, a range of wall and base units with complimentary worksurfaces and a stainless steel sink drainer with mixer tap. Spaces for a cooker, fridge/freezer, washing machine and tumble dryer. Two radiators and carpeted flooring.

Bedroom One

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

Bedroom Two

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

Bathroom

A three piece suite comprising of a panelled bath, pedestal wash hand basin and low level WC. Upvc double glazed window to the side elevation, radiator and cushioned flooring.

Exterior

Front of Property

On road parking.

Rear Garden

Low maintenance courtyard garden.

Common Auction Conditions

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

Buyers Administration Fee

A buyers administration fee of £960 including 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 vendors 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.

Viewings

To view this lot, please contact the selling office, alternatively: This property could be listed on our viewing schedule which can be found in the auction catalogue or on our web site.

Internet, Telephone & Proxy Bidding

Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy, by pre-registering with our auction department on 0800 090 2200 or email auction@bjbmail.com. Further details are available in the catalogue.

Addendum

Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Guide Price

An indication of the sellers 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 sellers 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.

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