Property Details

Trent Valley Road, Stoke-On-Trent£72,000

Sold STCKeates - 01782 84708300004936

Investment Property Producing £11,520 pa
Two Self contained Flats, GCH, DG
For Sale by Modern Auction – T & C’s apply
Subject to Reserve Price, Buyers fees apply
EPC's Band D Ratings 55
Council Tax Band A

LHIGH YIELD 12.4% Leasehold upper floor flats. For sale by Modern Method of Auction: Starting Bid Price £72,000 plus Reservation Fees. Two self contained flats currently rented for £960 per month with scope to improve the rental. Situated in the popular suburb of Oakhill this upper floor investment comprises two flats. Flat one comprises hallway, living room with mezzanine over, kitchen, bathroom and a bedroom. Flat two comprises a hallway, bedroom, bathroom and open plan kitchen living room. The self contained flats are accessed off a central stairwell and are currently leased on a company tenancy to charity for a rental of £960 per calendar month which is due for revision in April 2025.This property is for sale by “Regional Auction name powered by iamsold Ltd” or “iamsold Ltd. Auction end date 22nd November

Ground Floor
Entrance Hall
With Pvcu door, stairs off.
First Floor
Landing
With carpeted floor, flats 1 & 2 off.
Flat 1
Entrance Hall
With carpeted floor, built-in cupboard.
Living Room9' 3'' x 15' 11'' (2.83m x 4.85m)
With carpet floor, radiator, Power Point, telephone point. Mezzanine above.
Mezzanine12' 4'' x 7' 1'' (3.76m x 2.15m)
With board floor, PowerPoint, storage.
Bathroom9' 8'' x 5' 2'' (2.95m x 1.58m) Max Measurement
Fitted bathroom suite in white with WC, pedestal basin, enclosed shower cubicle with electric shower. Part tiled walls and vinyl floor.
Kitchen9' 6'' x 6' 4'' (2.89m x 1.94m)
Modern fitting kitchen with white wall and base units granite effect surfaces over. Part tiled walls and tile effect floor. Includes integrated cooker hob and extractor hood, Power Point, Washer point.
Bedroom 19' 10'' x 13' 1'' (3.00m x 3.99m) Max Measurement
With carpeted floor, radiator, Power Point, built-in storage.
Flat 2
Hallway
With carpeted floor.
Bedroom 116' 6'' x 10' 4'' (5.03m x 3.15m) Max Measurement
With carpeted floor, Power Point, radiator.
Living Room/Kitchen11' 3'' x 6' 11'' (3.42m x 2.12m)
Living Room: with carpeted floor, radiator, PowerPoint. Kitchen: Fitted wall and base units in white with granite effect surfaces over. Part tiled walls and vynile floor. Includes integrated cooker, Hob and extractor hood, washer and Power Points.
Bathroom6' 5'' x 6' 4'' (1.96m x 1.92m)
Fitted bathroom suite and white with WC, pedestal basin, enclosed shower cubicle with electric shower. Part tiled walls and tile effect floor. Radiator and extractor fan.
Relevant Information
The property is leased on a company lease. The property is leasehold and not part of a block of apartments. It may not be that lending can easily be placed on the property and buyers should ensure appropriate means of finance are sought.

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