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Stoke
Stoke-On-Trent ST1
£50,000
Stoke-On-Trent ST1
£50,000
Price History
| Initial price | £70,000 |
| 13/11/25 | £50,000 |
| Price Change | -28.57% |
Description
This 3-bedroom property is being sold by unconditional online auction on December 10, 2025, with a guide price of £50,000-£80,000 plus fees. The property is currently tenanted, generating £460 per month, or £5,520 per annum, which equates to an 11% yield based on the lower guide price. Situated close to local shops and amenities, the property is a great investment opportunity. Note that the auctioneer has not internally inspected the property, and potential buyers are advised to review the legal documents and auction information before bidding. The sale is unconditional, meaning that the buyer is legally bound to purchase the property once the hammer falls, and the vendor is legally bound to sell. The buyer will be required to pay a 10% deposit and a buyers' administration fee of £1,200 plus VAT, and contracts will be exchanged 28 days following the auction.