3 bed terraced house for sale

High Lane, Burslem, Stoke-On-Trent, Staffordshire ST6

Description

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 £300.00 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 4.50% 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.

Tenanted Property - 577 High Lane, Tunstall, Stoke-on-Trent ST6 7EP

Starting Price: £65,000

Please see the summary of works completed at the property below.

Excellent Buy-to-Let Investment Opportunity - 11.84% Rental Yield

An outstanding opportunity for property investors seeking strong rental returns. This tenanted investment property offers an attractive 11.84% rental yield, making it an excellent addition to any buy-to-let portfolio.

The property is currently occupied by a sitting tenant, providing the potential for immediate rental income without the need to find a new tenant. Ideal for both experienced landlords and investors looking to expand their portfolio, this property offers the benefit of an established tenancy and an appealing rental yield.

The property has benefited from a range of improvements and maintenance works, including roof repairs, internal redecoration and damp treatment. Further works include kitchen upgrades, flooring improvements, bathroom and WC refurbishments, plumbing and drainage improvements, electrical repairs, and adjustments to doors and windows.

These works have been carried out to improve the property's overall condition, functionality and presentation.

A fantastic opportunity for investors looking for a tenanted property with strong rental yield potential.

This property is for sale by Wards Property, powered by iamsold Ltd.
Starting bid and reservation fee apply.

Council Tax Band: A