SOLD STC
In need of moderisation
Great investment
Ideal Buy to Let
Potential income of over £6000
Potential yield of over 9%
Close to town centre
Two reception rooms
Two bedrooms
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 an investor and landlord alike. In need of modernisation, this could a place that brings in the future funds to add value for your next investment and could add a potential annual income of over £6000. that's a potential gross yield of well over 9%
Located close to the centre of Stoke. The property comprises; two reception rooms, longer that average kitchen, ground floor bathroom, two bedrooms and a courtyard to the rear.
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 £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 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
Viewings
To view this lot, please contact the selling office
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 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 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
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.
Features
Central Heating
More Information
Room Descriptions
Ground Floor
Reception Room
3.463 x 3.177
Wooden entrance door. Upvc window to the front. Radiator.
Reception Room
3.546 x 3.473
Upvc window to the rear. Wood effect laminate floor. Radiator. Under stair store cupboard. Access to the staircase to the first floor.
Kitchen
5.510 x 1.778
Fitted units at wall and base level. Space for slot in appliances, cooker, fridge freezer, washing machine. Stainless sink, work surfaces with tiled splash backs. Radiator. Two windows to the side. Wooden door to the side.
Store Room
1.734 x 0.891
Wooden window to the side.
First Floor
Landing
Access to the loft space.
Bedroom One
3.463 x 3.187
Upvc window to the front. Radiator.
Bathroom
2.599 x 1.535
Fitted with a panel bath with a shower hose over. Pedestal wash hand basin. Low level WC. Half panel walls. Radiator. Wooden window to the rear.
Bedroom Two
3.593 x 1.860
Upvc window to the rear. Radiator. Wood effect laminate floor. Airing cupboard having a wall mounted gas fired boiler.
Exterior
Outside Rear
Courtyard area to the rear.
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.
Disclaimer
DISCLAIMER. It is suggested that potential purchaser’s make their own enquiries of mortgage lenders as to whether the property is mortgageable prior to making a bid at auction.