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9 bedroom terraced house for sale
31 Albert Street, Newcastle, Staffordshire ST5 1JP
£250,000
31 Albert Street, Newcastle, Staffordshire ST5 1JP
£250,000
Our Summary
- For sale on 25 September 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 10:00
- Scope for circa £60,000pa income
- The property comprises nine generously proportioned en-suite bedrooms, offering an exceptional opportunity for conversion or refurbishment to maximise income potential
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 25
- Scope to generate a gross income of around £60,000 per annum once let
Description
A substantial two-storey solid brick-built property on Albert Street, Newcastle-under-Lyme, is up for auction on September 25, 2025. The property offers vacant possession and has the potential to generate circa £60,000 per annum in income. It features nine en-suite bedrooms, which can be converted or refurbished to maximize income potential. The location is convenient for Royal Stoke University Hospital, Keele University, and Staffordshire University, making it ideal for student or key worker accommodation. With a total floor area of 1,252 square feet, the property has the potential to command rental income of £500-£600 per room per month, offering a highly attractive yield for investors.