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House For Sale £73,000
High Street, Newcastle


Description
For sale by Public Auction on Monday 11th September 2023 at 6:30pm, at the Double Tree by Hilton Stoke on Trent, Etruria Hall, Festival Way, Stoke-on-Trent ST1 5BQ. A two bedroom end of terrace home with a driveway and rear garden, requiring modernisation.

We also offer remote bidding via internet, telephone or proxy meaning that you can bid from the comfort of your own home. Pre-registration is required, please call the auction team to register to bid remotely.

This two bedroom end of terrace home requires modernisation throughout but offers an excellent investment opportunity. 'Sentinel House' as it is known locally, has been a prominent feature on the High Street in Silverdale, easily located thanks to the decades-old advertisement which has remained visible on the gable wall to this day.

The property features two reception rooms, a kitchen and bathroom to the ground floor, whilst upstairs there are two double bedrooms. The real bonus here is the plot to the property which offers a driveway and a delightful rear garden, a real rarity for properties of this type and style.

Ideally located close to commuting links such as the A34, A500 and M6, the home is also near to Keele University, offering potential as a student-let property as well as a family home. A bus stop only a handful of yards away offers further travel opportunities, with the wealth of amenities within Newcastle-under-Lyme town centre only a short distance away.

Once renovated, we would anticipated a rental income in the region of £700pcm - £750pcm.

Requiring modernisation but offering excellent potential and real local landmark! Please contact butters john bee to arrange your viewing.

PLEASE NOTE - We understand this property has previously suffered some structural movement, and we would advise any interested parties to carry out their own investigations prior to making a bid at auction.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request)

Buyers Administration Fee
A buyer’s administration fee of £1,200 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor’s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings
To view this lot, please contact the selling office

Internet, Telephone & Proxy Bidding
Interested in this lot but can’t attend the auction? You can bid by internet, telephone or by proxy by pre-registering with our auction department on or email . Further details are available in the catalogue

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction

Follow the link for more information:
        
onthemarket.com

  
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