Stoke

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Stoke

Stoke-On-Trent ST6
£50,000

Price History

Initial price £65,000
13/11/25 £50,000
Price Change -23.08%

Description

For sale by unconditional online auction is a 2-bedroom end-terrace property, currently tenanted at £525 per month (£6,300 per year) and generating a 12.6% yield based on the lower guide price of £50,000. The property, located close to local amenities, features a lounge, kitchen, dining room, and bathroom on the ground floor, with two bedrooms on the first floor. The property also has a yard to the rear. The auction guide price is £50,000-£75,000, and a buyer's administration fee of £1,200 + VAT will be payable upon the fall of the hammer. The buyer will also be required to pay a 10% deposit (subject to a minimum of £5,000) and contracts will be exchanged. The property is being sold with a freehold tenure, and the auction conditions require a full legal completion 28 days following the auction.