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Newcastle ST5 2 bed terraced house for sale
41 Basford Park Road, Newcastle, Staffordshire, ST5 0PT
£85,000
41 Basford Park Road, Newcastle, Staffordshire, ST5 0PT
£85,000
Our Summary
- Guide Price £85,000 Plus FeesFor sale by unconditional online auction, registration is now open
- For Sale by Online Auction on 10 December 2025Mid Terrace2 BedroomsInvestment OpportunityTenanted£625 pcm/£7,500 paClose to Shops and AmenitiesWe are pleased to offer for sale by auction, this 2 bedroom mid terrace property, which is currently let at £625 pcm/£7,500 pa, which equates to a 8
- TenureFreehold TermsLegal PackTo review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details)
- You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group
- Investment Opportunity
Description
For sale by unconditional online auction, this 2-bedroom mid-terrace property is currently let at £625 per month, generating an 8.8% yield based on the guide price of £85,000. Situated close to the town centre and its amenities, the property is a great investment opportunity. The current tenants pay £7,500 per annum, providing a steady income stream. The property is being sold with a freehold tenure and the buyer will need to pay a 10% deposit and a buyer's administration fee of £1,200 plus VAT upon the fall of the hammer. The auction conditions require full legal completion 28 days following the auction, and buyers may be required to pay additional fees, costs, and charges. Registration is now open, and bidding opens on December 10, 2025, at 10:00 and closes at 13:05.