10 bed flat for sale

High Street, Knutton, Newcastle, Staffordshire ST5

For sale is this distinctive detached shared house, located at The Old Church on High Street in Newcastle, ST5. Converted from a Methodist church, the property offers a blend of character and functionality. It is arranged as seven studio flats with en-suite bathrooms and three bedsit flats, complemented by communal kitchen facilities. Each studio flat comprises a lounge, kitchenette, bedroom and en-suite shower room. The bedsit flats comprise a bedroom with en-suite shower room. The property provides ten bedrooms in total.

Ideal for investors, this property offers parking spaces for all residents, with additional on-street parking available for visitors. It is currently fully occupied with the exception of one bedsit flat and achieves a net yield of 16% per annum, with no upward chain.

Positioned on High Street, the property is well placed for local amenities, including shops, cafés, and restaurants. The nearby Queen’s Gardens provides green space for relaxation, while Newcastle-under-Lyme’s high street offers further leisure and shopping options. There are also several schools within reach, supporting tenants with educational needs.

Public transport links are accessible, with Newcastle-under-Lyme bus station a short walk away, offering regular services towards Stoke-on-Trent and Hanley. Stoke-on-Trent railway station can be reached via a brief bus journey or short drive, providing direct rail connections to Manchester, Birmingham, and London, with journey times to Birmingham averaging 50 minutes.

This property presents a strong investment opportunity in a well-connected and historic location, with local amenities and transport links on the doorstep.

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, payable on completion, 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.

NLY250539/8

Ground Floor

Flat 1

Flat 2

Flat 3

Flat 4

Flat 5

Flat 6

First Floor

Flat 10

Flat 11

Flat 12

Flat 13

Car Park