Guide price
£55,000
1 bed flat for saleStafford Street, Stoke-On-Trent, Staffordshire ST1
1 bed
1 bath
1 reception
EPC Rating: C
- Auction
Reeds Rains - Hanley
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About this property
Prime desirable location
Excellent public transport links
Well-regarded nearby schools
Local amenities within walking distance
Energy efficient EPC rating C
Council tax band A
Studio apartment layout
Tenant in situ paying £500pcm
Great investment potential
Good overall condition
Introducing a distinctive flat, currently listed for sale and in a good condition. This unique property is equipped with a total of one kitchen, one bedroom, and a bathroom. It's worth noting that this particular flat is both a studio apartment and has a tenant in situ. This dual characteristic makes it exceptionally appealing to investors.
Situated in a highly desirable location, the property benefits from excellent public transport links and is in the vicinity of well-regarded schools. A host of local amenities are also within a short distance, bringing essential services closer to you.
The property is energy efficient with a respectable EPC rating of 'C' and falls under the council tax band 'A', assuring minimal tax liability. Please note that there are no reception rooms in the property. Overall, this flat presents a fantastic investment opportunity in a prime location – a truly attractive proposition.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
HAN250226/8
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