TO BE SOLD BY ONLINE AUCTION ON 13TH - 14TH MAY UNLESS SOLD PRIOR UNDER AUCTION TERMS.
11, Evans Street, Stoke-on-trent, ST6 4HP
An excellent opportunity to acquire a tenanted buy-to-let investment in a well-established residential area, offering immediate income with further potential to enhance returns. Not inspected by Edward Mellor but reported to comprise; lounge, dining room, kitchen, two bedrooms and bathroom. Photographs have been provided by the vendor and taken when vacant.
An excellent opportunity to acquire a tenanted buy-to-let investment located within a well-established residential area of Stoke-on-Trent. It is positioned within a popular and convenient location, close to local amenities, schools and transport links, ensuring continued appeal to tenants and long-term occupancy.
It is reported to be currently let at £645 pcm, providing an immediate income stream. Based on the guide price, this reflects an attractive gross yield of approximately 11.9%, making it a strong proposition for investors seeking solid returns. Await sight of AST.
We have been advised that the property has been recently modernised, offering a well-presented home that appeals to tenants and supports ongoing rental demand with minimal initial outlay required.
An ideal addition to any portfolio, offering a ready-made, income-producing asset in a proven rental area.
Here are some similar sold properties taken from Land Registry that highlight the potential:
27, Wade Street, Stoke-on-trent, ST6 1HR £112,000 Terraced 2 BED 0.24 mi
31, Leonard Street, Stoke-on-trent, ST6 1HS £107,000 Terraced 2 BED 0.21 mi
76, Leonard Street, Stoke-on-trent, ST6 1HH £100,000 Terraced 2 BED 0.31 mi
Tenant ready property values in the area are in the region of £750- £800pcm
EPC rating - D
Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.
You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.
You may download, store and use the material for your own personal use and research. You may not republish, retransmit, redistribute or otherwise make the material available to any party or make the same available on any website, online service or bulletin board of your own or of any other party or make the same available in hard copy or in any other media without the website owner's express prior written consent. The website owner's copyright must remain on all reproductions of material taken from this website.
65-81 St Petersgate
Stockport
Cheshire
SK1 1DS
