Available Subject to Auction T&C’s - Two Bedroom Terraced House – Investment Opportunity - 57 East Terrace, Stoke-on-Trent, Staffordshire, ST6 6QU - Guide Price £49,950+

Extra Details

• Available Subject to Auction T&C’s
• Guide price: £49,950+
• Two bedrooms
• Mid-terraced property
• Currently tenanted
• Current rent of £400 pcm
• Good rental location
• Potential to increase the rent
• Opportunity to add value
• Freehold

Overview
A two bedroom mid-terraced property for sale by online auction. The property is tenanted and will be sold with the tenant in situ.

The property is located on the south western side of East Terrace, accessed from Johnson Place.
Stoke-on-Trent is located approximately 6 miles south from the property accessible via A527, A500 and the A52.

Value to the property can be added following a programme of refurbishment and modernisation.

The property is currently tenanted and is achieving £400 pcm (£4,800 pa) which reflects a gross yield of approx. 9.6%.

Accommodation
Approx. internal floor area
84 m2 / 904 ft2
(Taken from EPC)

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

Council Tax
The property is rated in Council Tax Band A. Council Tax payable (2023/24) is approximately £1,257.44.

Guide Price
£549,950+

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

EPC
https://find-energy-certificate.service.gov.uk/energy-certificate/8088-7926-5180-8848-3926

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

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