For sale by public auction at The Double Tree Hilton Hotel Stoke-on-Trent, ST1 5BQ on Monday 9th September 2024 at 6.30pm.

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

The first-floor flat is currently tenanted until September 2024. This well-maintained unit features a large lounge, bedroom, kitchen, and a bathroom conveniently located on the ground floor within the entrance area. Accessible via the rear garden, it offers privacy and comfort for any tenant.

The ground-floor flat, though vacant and in need of updating, presents an excellent chance to add value and maximise returns. It includes a lounge, bedroom, kitchen, and shower room, providing a solid foundation for a modern renovation.

Situated in a popular residential area with easy access to local schools and amenities, this property is a lucrative investment giving a yield of approximately 13.4%.

Don't miss out on the potential for steady rental income and property appreciation.

Contact us today to arrange a viewing and secure your next profitable venture!

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

Viewings
To view this lot, please contact the selling office

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.

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.