Looking for an investment opportunity with an immediate rental income? This two-bedroom terraced property is offered with a tenant already in situ, providing an attractive 7.5% yield, making it an excellent addition to any property portfolio.

Ideally located close to Hanley City Centre and the ever-popular Shelton area, the property is perfectly positioned within easy reach of local shops, supermarkets, schools, Staffordshire University, cafés, restaurants and excellent public transport. Commuters will also appreciate the superb access to the A500, A50 and M6, making travel throughout Staffordshire and beyond straightforward.

The accommodation comprises two reception rooms and a kitchen to the ground floor. Upstairs, there are two well-proportioned bedrooms and a first-floor bathroom. Outside, the property benefits from a low-maintenance enclosed walled courtyard to the rear.

With a tenant already in place and income from day one, this is a ready-made investment in a consistently popular rental location.

This property will be offered for sale by public and online auction at The DoubleTree by Hilton, Etruria Hall, Festival Way, Staffordshire, ST1 5BQ on Monday 26th October at 6:30pm. Remote bidding will be available via internet, telephone or proxy. To register to bid on this Lot or to download the Legal Pack, please visit the Butters John Bee website or contact the Auction Team directly.

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 £1,800 inc. 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.

To view this lot, please contact Butters John Bee Hanley – 01782 202600

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 auction catalogue.

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.