SOLD STC
Attention Landlords
Ready made income
Complete with tenant in situ
Annual income £4740.
Potential yield over 8%
Two bedrooms
Close to city centre
Great investment
For sale by public auction on Monday 20th of June 2022 at 6:30pm prompt at the Double Tree By Hilton Festival Park Stoke-on-Trent.
For sale by public auction on Monday 20th of June 2022 at 6:30pm prompt at the Double Tree By Hilton Festival Park Stoke-on-Trent.
This is a great investment opportunity for a landlord. Complete with a tenant in situ and an annual income of £4740. that's a gross yield of over 8%
Located close to the city centre. The property comprises an open plan lounge/dining area, kitchen, modern ground floor bathroom, two bedrooms and a courtyard to the rear.
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
Room Descriptions
Ground Floor
Lounge
4.182 x 3.488
Upvc entrance door. Upvc window to the front. Coving to the ceiling. Radiator. Open arch to the dining room.
Dining Room
3.445 x 3.389
Upvc window to the rear. Coving to the ceiling. Radiator. Stairs to the first floor.
Kitchen
4.227 x 1.762
Fitted with kitchen units to wall and base level. Space for slot in appliances such as a cooker, washing machine and a fridge freezer. Stainless steel sink set into work surfaces. Tiled splash backs. Wall mounted gas fired boiler. Upvc window to the side.
Rear Hall
Built in store cupboard. Upvc door to the side.
Bathroom
2.449 x 1.668
Modern fitted bathroom. Panel bath. Electric shower. Tiled walls. Pedestal wash hand basin. Close coupled WC. Extractor. Radiator. Upvc window to the side.
First Floor
Bedroom One
3.503 x 3.217
Upvc window to the front. Radiator.
Bedroom Two
4.384 x 2.558
Upvc window to the. Radiator. Built in store cupboard. Access to the loft space.
Exterior
Walled courtyard to the rear with gated rear access.
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.