1 Walley Place
Ref: Lot 1
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Unconditional (Buyer's Premium)
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
1 Walley Place, Stoke-on-Trent, Staffordshire, ST6 2BJ
12% yield - Exceptional Investment Opportunity – Converted House with Two Self-Contained Flats in Stoke on Trent
12% yield - Exceptional Investment Opportunity – Converted House with Two Self-Contained Flats in Stoke on Trent
Description
Located in the heart of ST6 2BJ, this versatile property offers an ideal opportunity for investors or landlords looking to expand their portfolio. This spacious home has been expertly converted into two self-contained flats, each designed to maximize comfort and privacy.
Key Features:
2 Self-Contained Flats: Each unit boasts modern interiors, offering a blend of style and functionality.
Income Generating: Both flats are currently tenanted, achieving a combined rental income of £1,000 PCM.
Convenient Location: Situated in a popular and well-connected area, close to local amenities, schools, transport links, and Stoke-on-Trent city centre.
Low Maintenance: A well-maintained property that requires minimal upkeep, ensuring hassle-free ownership.
Layout Overview:
Flat 1: Ground floor, 1-bedroom flat with a bright living area, fitted kitchen, and contemporary bathroom.
Flat 2: First floor, 1-bedroom flat featuring a spacious layout with a separate living area, kitchen, and stylish bathroom.
Why Invest Here?
* High demand for rental properties in the area.
* Strong yield potential for long-term growth.
* Turnkey investment with tenants in place.
Don’t miss this fantastic opportunity to secure a profitable and stress-free investment. For viewings or further details, contact us today!
Tenure
Freehold
Buyers Premium
* Plus 5% Buyers Premium + VAT
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer’s Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the ‘LEGAL DOCUMENTS’. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Council Tax Band
A
* The Guide Price given is an indication as to where the Reserve is currently set. The Reserve is the minimum price that the auctioneer is authorised by the vendor to sell the property for. It is subject to change throughout the marketing period. Where the Guide Price is a single figure, the current Reserve will not be more than 10% above that single figure, and where a price range is given (i.e. £50,000 - £55,000), the Reserve will not exceed the upper level of the range. It is not necessarily what the auctioneer expects it will sell for.
We would like to point out that all measurements, floor plans and photographs are for guidance purposes only (photographs may be taken with a wide angled/zoom lens), and dimensions, shapes and precise locations may differ to those set out in these sales particulars which are approximate and intended for guidance purposes only.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance and do not constitute any part of an offer or contract. Intending purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. No person in this firms' employment has the authority to make or give any representation or warranty in respect of the property.
Auction Ends:
12% yield - Exceptional Investment Opportunity – Converted House with Two Self-Contained Flats in Stoke on Trent
£90,000 + fees
Auction Ends:
This extremely well proportioned 2 bedroom duplex apartment has large Living Room with balcony, Kitchen, 2 Good Size Bedrooms and Bathroom. Situated within close proximity of Meole Brace Retail Park and within the catchment area for Meole Brace Junior and Senior schools. Ideal for first time buyers or Investors. The vendors have recently upgraded the boiler and fitted new carpets. Gross yield of 12% based on the guide price and potential stamp duty relief for company purchases.
£75,000 + fees
Auction Ends:
Fantastic investment in Telford for anyone looking for a Buy to Let with a tenant in situ. 14.3% Yield based on the guide price
£50,000 + fees
Auction Ends:
This spacious four bedroom detached family home is conveniently located with easy access to local schooling, amenities and the national road network.
£280,000 + fees
Auction Ends:
BMV Property Ideally located near the popular village of Llanrhystud. Enjoy the convenience of nearby amenities, including a post office, garage, pub, and school, all just a short distance away. This property offers the perfect blend of comfortable living and easy access to local services, making it an ideal choice for families or anyone looking to embrace village life. ** Please note there is a Japanese knotweed plan details are in the legal pack**
£190,000 + fees
Auction Ends:
Invest in this superb detached commercial property in the established location of Wellington Road, Telford. This property offers a fantastic investment opportunity with great potential returns. Currently, this detached commercial building is let out to four different companies, providing a combined monthly rental income of £2000pcm
£215,000 + fees
Auction Ends:
This stunning gated property offers expansive, luxurious living across three floors, accessed through secure electric gates and a circular driveway centred around an elegant water fountain along with the added benefit of a separate annex, ideal for multi-generational living. Could this be an opportunity to pick up a bargain at auction? New family home or country pad?
£850,000 + fees
Auction Ends:
BMV opportunity. Detached property on Sutherland Crescent. Beautifully maintained by the current owner and located in the desirable area of Blythe Bridge.
£224,000 + fees
Auction Ends:
Three-bedroom cottage boasting a range of original features, With its quaint charm and potential for customisation, this cottage eagerly awaits someone to breathe life into its historic walls and create their dream abode.
£145,000 + fees
Auction Ends:
** RARE DEVELOPMENT OPPORTUNITY** with NO BUYERS PREMIUM TO PAY • 12 months interest free finance available subject to £100k deposit. A large country house suitable for redevelopment, sold as an incomplete building project. Of interest to self builders and developers with extensive grounds of about 5 acres. Attractive rural location on the outskirts of Nantwich
£650,000 + fees
Auction Ends:
What an opportunity! This place is back to brick and ready for a builder/investor/developer to add value.
£99,000 + fees
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- If you are highest bidder at the end of the bidding process one of the TCPA / Auctionline team will contact you to proceed with the sale under relevant legal process. A reservation fee and deposit may be required at this stage. please contact relevant team or refer to terms and conditions
- All interested bidders are assumed to have carried out due diligence and checks prior to bidding on the lot
- Buyers are advised to refer to individual terms and conditons, relevant legal pack and are not to rely on details or videos provided by the agent as statement of fact on the basis on proceeding with a sale
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