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2 bedroom flat for sale
Stoke-on-Trent ST2
£70,000
Stoke-on-Trent ST2
£70,000
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 is up for sale through an online auction, with a potential rental yield of 18%. The property consists of two residential units, each with a lounge area, kitchen, one bedroom, and bathroom, and benefits from a private car park to the rear. Flat 1 is currently vacant, offering potential rental income of £595 per calendar month, while Flat 2 is tenanted and generating £450 per month, 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. Interested buyers can register to bid online, download the legal pack, and submit prior auction offers.