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2 bedroom end of terrace house for sale
Machin Street Stoke-On-Trent ST6 6BT
£85,000
Machin Street Stoke-On-Trent ST6 6BT
£85,000
Our Summary
- For sale by public auction at The Double Tree by Hilton Hotel, Festival Park, Stoke-on-Trent, ST1 5BQ on 14th April 2025 at 6
- Please contact the auction team on[use Contact Agent Button] for further information
- Common Auction Conditions This property is sold subject to our Common Auction Conditions (a copy is available on request)Buyers Administration FeeA buyer’s administration fee of £1,800 inc VAT is applicable to this lot
- The purchaser will pay the fee whether the property is bought before, at or following the auction dateLegal PackPurchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty
- Fantastic potential yield 15%
Description
This property is a two-flat building, with one ground floor and one first floor flat, located in Stoke-on-Trent. The ground floor flat consists of a lounge, kitchen, one bedroom, and a bathroom, and is assumed to be similar in layout to the first floor flat, which has not been inspected by the auctioneer. The property has the potential to generate a combined income of £13,200 per annum, representing a potential yield of 15%. The property is being sold by public auction on April 14, 2025, with remote bidding options available, and a buyer's administration fee of £1,800 inc VAT applicable. Prospective buyers are advised to consult with their legal adviser and accountant before bidding, as purchasing a property at auction carries the same legal implications as a signed contract by private treaty.