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House For Sale £84,999
Frank Street - FREEHOLD INVESTMENT PROPERTY, Stoke-on-Trent, ST4


Description

DESCRIPTION

The OPA proudly introduces this charming two-bedroom mid-terrace property, strategically positioned for seamless access to local amenities and major road links. Whether you're a first-time buyer seeking the perfect nest or an astute investor eyeing a lucrative opportunity, this property beckons with promise.

The property briefly comprises of reception room, lounge, kitchen, inner hall, downstairs bathroom and first floor landing having two bedrooms. Externally to the rear the property has an enclosed courtyard area.

This property not only fulfils the needs of a comfortable residence but also presents an excellent investment opportunity for landlords and investors. With its prime location, versatile layout, and untapped potential, it's a canvas waiting for your personal touch.

Don't miss the chance to make this house your home or seize a promising investment opportunity. Contact us today to schedule a viewing and embark on the journey to call this charming property yours.

ACCOMMODATION

Reception Room

11ft 11 x 10ft 4

Double glazed door to front elevation, double glazed window to front elevation, original tiled feature fire place with gas fire, coving to ceiling, wood effect laminate flooring, radiator.

Lounge

11ft 9 x 11ft 9

Double glazed window to rear elevation, tiled feature fireplace, door giving access to staircase leading to first floor landing, under stairs storage cupboard, tiled flooring, radiator.

Kitchen

8ft 4 x 5ft 11

Double glazed window to side elevation, comprising a range of wall, base and drawer units having marble effect work surfaces over, incorporating stainless steel sink with single drainer and mixer tap, part tiled walls, space for cooker, tiled effect vinyl flooring, opening to:-

Inner Hall

Double glazed window to side elevation, cupboard housing wall mounted gas central heating boiler and also plumbing for washing machine, part tiled walls, tiled effect vinyl flooring.

Bathroom

Double glazed window to side elevation, comprising low level WC, L-shaped panelled bath having hand held shower mixer tap, vanity wash hand basin having storage below, tiled walls, tile effect vinyl flooring, radiator.

First Floor Landing

Doors to:-

Bedroom One

11ft 10 x 11ft 9

Double glazed window to rear elevation, comprising a range of fitted wardrobes with a further built-in storage cupboard, wood effect vinyl flooring, radiator.

Bedroom Two

10ft 7 x 10ft 5

Double glazed window to front elevation, fitted wardrobes to either side of chimney breast, radiator.

Outside

To the rear of the property there is an enclosed paved courtyard area having wooden gate giving access to the rear entry.

LOCATION

Penkhull village is a much loved and sought-after location offering a variety of local amenities to include convenience store, florist, cafes/takeaways and a selection of public houses as well as being within easy reach of Hartshill Road where you find a wider variety of shops and amenities. The village is ideally located for Royal Stoke University Hospital, Keele Medical School and also the thriving town of Newcastle-under-Lyme. There is an excellent choice of both primary and secondary schools to choose from within the area or just a short drive away, whilst for commuting, all major road links are within easy access.

TENURE

The property is freehold. Currently tenanted on rolling monthly ast at a passing rent of £700 pcm.

The property can be sold with tenants or with vacant possession.

VIEWINGS

Please contact OPA for viewings.

MATERIAL INFORMATION

The OPA have taken reasonable precautions and exercised all reasonable due diligence by asking the Seller of the Property to provide us in writing a declaration of material information regarding a property to comply with the Consumer Protection from Unfair Trading Regulations 2008. However, certain information may be unavailable and/unknown. Any buyer must carry out their own due diligence and rely on their own searches investigations and enquiries in respect of all matters relating to their proposed purchase of this property, to enable them to make an informed transactional decision before proceeding to entering in to the exclusivity agreement on this property

COUNCIL TAX

Band A

EPC

EPC –D

Material / Construction

Standard construction

Property Type

Mid- terrace

UTILITIES

Mains elec, gas, water, Sewage

HEATING

Gas central heating

PARKING

On street parking

ANY RESTRICTIVE COVENANTS? ANY EASEMENTS? SERVITUDES? WAYLEAVES? ANY PUBLIC RIGHTS OF WAY ACROSS PROPERTY OR BOUNDARIES?

Refer to property pack

ANY FLOODING IN LAST 5 YEARS

Not known

IS THE PROPERTY LISTED?

NO

CONFIRM EXISTENCE & NATURE OF ANY KNOWN PLANNING OR PROPOSALS FOR EVELOPMENT

Not known

PROERTY ACCESSIBILITY – ANY STEP FREE ACCESS INC RAMPS/ LIFTS?

NO

ANY WET ROOM/ LEVEL ACCESS SHOWER

NO

IS THE PROPERTY KNOWN TO BE ON A COALFIELD/ MINING OR DIRECTLY IMPACTED BY EFFECT OF OTHER MINING ACTIVITY

NOT KNOWN

LEASEHOLD PROPERTIES ONLY (LEASE LENGTH)

N/A

LEASEHOLD PROPERTIES ONLY (GROUND RENT)

N/A

LEASEHOLD PROPERTIES ONLY (SERVICE CHARGE)

N/A

AGENT NOTES

Draft details, awaiting vendor approval.

BUYERS FEE

Buyer's Fee of 2% of The Purchase Price. Minimum Fee £3999 and you will be required to enter into an “Exclusivity Agreement” with the Seller, granting you the Buyer the Exclusive right to purchase the property within the exclusivity period.

(All fees inclusive of VAT). T&Cs apply.

Please request information pack, Buyer’s Guide & FAQs.

Upon offer acceptance you will not be required to exchange contracts, but will be granted an “exclusivity period” in order to exchange and complete on the transaction. This timescale will generally be 8 weeks, but will be specified in the Exclusivity agreement.

This is a flexible and buyer friendly method of purchase. By signing the Exclusivity Agreement and paying the Buyer’s Fee, this secures the transaction and takes the property off the market.

Please note the Buyer’s Fee is a non-refundable unconditional Exclusivity Fee in addition to the purchase price payable to the Agent upon offer acceptance.

The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

By paying your fee, that amount may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty land tax liability.

The OPA’s “Secure It Now Exclusivity Package” – this is a legally binding agreement between you are the seller. When the offer is accepted, the buyer pays the Exclusivity Fee to the Agent and enters into an “Exclusivity agreement with the Seller”, granting the buyer an exclusivity period, which is usually up to 8 weeks to complete on the purchase of the property. During the exclusivity period, the buyer has the exclusive right to purchase the property, no other offers can be accepted and during this period buyer must complete the sale transaction. If the buyer fails to complete in this period, the fee is non-refundable.

This property is being offered under The OPA’s “Secure It Now Exclusivity Package”

This is an innovative secure and straightforward way to purchase this property.

Here are the benefits for you:

• Secure your dream property straight away

• Similar to a “normal” or “conventional” sale with a few measures to protect the buyer and the seller

• No competitive bidding

• No risk of being gazumped

• Minimises risk of fall throughs

Secure It Now Exclusivity Package - How does it work?

You can now secure the purchase with a buyer’s “Secure It Now Exclusivity Agreement. By entering into the exclusivity agreement and paying the Exclusivity Fee, this buys :

• A legally binding contract granting the buyer exclusive rights to purchase the property within a given timeframe (usually 56 days / 8 weeks , however please confirm seller’s required timescale)

• Paying the Exclusivity Fee ensures that the seller takes their property off the market as soon as the sale is agreed and reserves it exclusively for you.

• This prevents the risk of gazumping

• helps you avoid losing money and wasting time which most buyers like you may face with the traditional estate agent's approach.

• You get a fixed exclusivity period (approximately 8 weeks) to complete, safe in the knowledge that you will not be gazumped or outbid by another buyer.

Step 1 - Register your interest

Step 2 - Sort out your finances / Carry out your due diligence/ Ask questions/ Get legal/ financial advice if required.

Step 3 - Arrange a viewing / Virtual Tour (If you require a viewing. If you do not require a viewing and offer without a viewing, you are doing so at your own risk)

Step 4 - Make an offer

Step 5 - Secure your purchase using our buy and Secure It Now Exclusivity package

Step 6 - Exchange and completion

Next Steps – Do Not Miss Out -

IMPORTANT NOTES

Buyers should carry out their own due diligence/ investigations and if required seek independent legal/ financial advice.

The Exclusivity fee is a non-refundable fee and unless otherwise stated and agreed in the special conditions of the Exclusivity Agreement, this is unconditional, not subject to survey or valuation , lending or anything else. The fee is not subject to a cooling off period and is non-refundable save in accordance with the terms stated in the exclusivity agreement

MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense. 5: All descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them; 6: No persons in the employment of The OPA has any authority to make or give any representation or warranty whatever in relation to this property. No services, fixtures, fittings or appliances, including central heating, have been tested by the Agent at the time of printing. All references to parts of the fabric, material, decoration, external or internal features or grounds of the property are made without any warranty as to their conditions or effectiveness. Where definite checks have been made, such results will be made clear at the appropriate place in the particulars of sale. Every effort has been made by the Agents to obtain accurate information from the correct sources. However, intending purchasers and other readers are asked to make their own arrangements regarding verification of any statements expressed in these particulars of sale.

Any reference to, or use of any part of the property is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

Misrepresentation Act 1967: The OPA for themselves and for the vendors or lessors of this property whose agents they are, give notice that: (1) These particulars do not amount to, nor amount to any part of, an offer or contract. (2) None of the statements contained in these particulars should be relied on as statements or representations of fact, therefore all prospective purchasers or tenants must satisfy themselves as to their accuracy.




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