Available Subject to Auction T&C's - 2 x 1 Bedroom Flats – Investment Opportunity - 152 Oxford Street, Stoke-On-Trent, Staffordshire, ST4 7EL - Guide Price £130,000+

Extra Details

Property Details

• Guide price £130,000+
• End terraced property
• 2 x 1 bedroom flats
• 1 x vacant & 1 x rented
• Upper floor flat rented at £400 pcm
• Investment or part owner occupier
• Potential for conversion to one house (STP)
• Approx. 1 mile from the train station
• Freehold

Overview

The property is located on the north-eastern side of Oxford Street close to the junction with Harris Street to the south and Watson Street to the north. Stoke-on-Trent train station is less than one mile from the property and Staffordshire University is one mile to the east on either side of the A52.

There are two separate self-contained flats, one to the ground floor and one to the first floor. Each flat has one bedroom.

The ground floor flat has recently become vacant and has potential to add value following a programme of refurbishment and modernisation. Alternatively, the property could be converted to one house once the upper floor flat has become vacant.

There is on street parking available immediately outside the property.

Floor Area
Ground floor Flat
635 ft2 / 59 m2 (Taken from EPC)

First floor flat
679 ft2 / 63.16 m2 (taken from floorplan)

Services
We understand the property to have mains gas, electricity, water and drainage.

The services have not been inspected by John Pye Property and we recommend that interested parties complete their own investigations in this respect.

Tenure
Freehold subject to the occupational tenancy of the upper floor flat.

Rental Income
The upper floor flat is currently rented at £400 pcm (£4,800 pa.

Council Tax
Both flats are rated within Council Tax Band A.

Guide Price
£130,000+

EPC
Energy performance certificate (EPC) – Find an energy certificate – GOV.UK (find-energy-certificate.service.gov.uk)

Buyer’s Premium
2.5 % (min. £4,000) inc. VAT

Legal Pack
Please refer to the legal pack for this lot johnpye.auctiondocs.com

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