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3 bed terraced house
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Price History
Our Summary
- Sold via modern method of auction
- Starting Bid £110,000Tenanted Investment Opportunity – 3 Bed Terrace on Albert Terrace, StaffordStarting Bid: £110,000 | Current Rent: £545 pcm | Tenant Agreed to Rent IncreaseKey Features:Tenanted 3-bedroom mid-terrace propertyStarting bid just £110,000Currently let at £545 pcm (£6,540 annually)Yield at current rent: 5
- Nearby amenities include:Stafford Castle & Victoria ParkGood local schools including St Patrick's and Stafford GrammarM6 (J13 & J14) within 10 minutesAuctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
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Description
The property is a 3-bedroom mid-terrace house located on Albert Terrace in Stafford, near to the town centre, schools, and commuter routes. The house is currently tenanted at £545 per calendar month, with the existing tenants agreed to a rental increase upon completion. The property is a low-maintenance buy-to-let investment opportunity with potential to achieve up to 8% yield with rent increase.
It is positioned within a short stroll from Stafford town centre, with easy access to shops, supermarkets, schools, and Stafford Intercity Railway Station.