1 bedroom apartment for sale

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1 bedroom apartment for sale

Trent Valley Road, Stoke-On-Trent
£72,000

Price History

Initial price £99,950
02/10/24 £900,000
05/10/24 £90,000
16/10/24 £80,000
13/11/24 £72,000
Price Change -27.96%

Description

This leasehold upper floor flat investment in Oakhill is for sale by Modern Method of Auction, with a starting bid price of £72,000 plus reservation fees. The property comprises two self-contained flats, each with its own entrance, and is currently leased to a charity for £960 per month. The flats are accessed via a central stairwell and each has its own bathroom, kitchen, and bedroom. Flat one has a mezzanine level, while flat two has an open-plan kitchen and living room. The property is leasehold with 882 years remaining on the lease, and the ground rent is £100 per year with no increase. The council tax band is A. The flats have scope to improve the rental income, and buyers should ensure they have appropriate means of finance in place.