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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 three-bedroom mid-terrace house with a freehold tenure. It is located on Albert Terrace in Stafford, just a short stroll from the town centre, and offers easy access to shops, schools, and commuter routes. The interior features a lounge with a maximum size of 3.65 x 3.75 metres, a lounge/dining room with a maximum size of 4.82 x 3.19 metres, a kitchen with a maximum size of 2.36 x 2.27 metres, and three bedrooms with sizes of 3.66 x 3.76 metres, 2.59 x 3.28 metres, and 1.90 x 4.62 metres.
The bathroom is 2.77 x 2.52 metres in size. The property is currently tenanted at £615 per month, providing a potential yield of up to 8% with rent increases.