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2 bedroom flat for sale
Stoke-on-Trent ST2
£50,000
Stoke-on-Trent ST2
£50,000
Our Summary
- For Sale by under the hammer online auction
- Tenancy schedule Flat 1- Vacant with potential rental income of £595 PCMFlat 2- Tenanted and producing £450 PCM (scope to increase)
- Visit - Our website and view the auction terms
- Register - Get registered prior to the auction opening date
- Prior Auction Offer - Want it now
- Submit a prior auction offer through our website
- If you would like your property to go into our next auction then contact our auction experts on[use Contact Agent Button] or submit a valuation on our website
Description
This freehold investment bungalow in Stoke-on-Trent offers a potential rental yield of 18%. The property consists of two residential units, each with a lounge, kitchen, bedroom, and bathroom, and benefits from a private car park to the rear. Flat 1 is currently vacant, with potential rental income of £595 PCM, while Flat 2 is tenanted and producing £450 PCM, with scope to increase. The total potential rental income is £12,540 per annum. Located in the heart of the UK's ceramics industry, Stoke-on-Trent offers a strong sense of community and convenient transport links to nearby cities. The property is being sold by under the hammer online auction, with the legal pack available for download and bidding taking place online. Potential buyers can register, view the property, and submit prior auction offers through the website.