7 bed Flat For Sale £400,000
Broad Street, Stoke-on-Trent, ST1

For Sale by under the hammer online auction. Tuesday 19th - Thursday 21st December 2023. A virtual freehold investment opportunity with five one and two bedroom apartments. Guide Price £400,000.

A virtual freehold property in Stoke-on-Trents city centre. Upper levels only, five brand new renovated apartments. In a great location, walking distance from Tesco express and The Potteries shopping centre.

Apartments have a separate communal entrance, all metres for bills are separate for each apartment including council taxes. Retail premises is not included in the purchase. 

Projected rental income estimates - £39,000PA +

Flat 1: 1 Bedroom Apartment - £600PCM 

Flat 2: 2 Bedroom Apartment - £700PCM 

Flat 3: 1 Bed Apartment - £600PCM 

Flat 4: 2 Bed Apartment - £700PCM 

Flat 5: 1 Bedroom Apartment - £650PCM 

Virtual Freehold - Upper floors only

Lease Length - 999 years

Ground Rent - £1 pa

EPC - (awaiting new information)

Please note that the completion date for this property will not be effected by the Christmas period. 

BIDDING

For bidding please visit: underthehammer. com

*START PRICES & RESERVE PRICES

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Start Price. The Start Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.

EPC

EPCs can be viewed in full on our website underthehammer. com on the sales details page or in the legal pack.

UNCONDITIONAL AUCTION DETAILS

Contracts are exchanged immediate at the end of the auction and a 5% deposit will be taken from the highest bidder. THIS DEPOSIT WILL CONTRIBUTE TOWARDS THE PURCHASE PRICE.

Completion will be 8 weeks. (56 days)

Every buyer must first create an account at underthehammer. com Remote bidding facilities are also available, contact the auction office for further details.

FULL TERMS & LEGAL DOCUMENTATION

Available at underthehammer. com