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Stoke
Stoke-On-Trent ST1
£85,000
Stoke-On-Trent ST1
£85,000
Price History
| Initial price | £95,000 |
| 13/11/25 | £85,000 |
| Price Change | -10.53% |
Description
This end-terrace property is being sold by online auction on December 10, 2025, with a guide price of £85,000-£125,000 plus fees. The property is configured as 6 bedsits, with 2 currently let at £500 pcm each, generating a total rental income of £1,000 pcm/£12,000 pa. The property is situated close to local shops and amenities, offering great potential for growth once fully let. The current rental yield is 14% based on the lower guide price. The property is being sold freehold, and the buyer will be required to pay a 10% deposit and a buyers administration fee of £1,200 + VAT upon the fall of the hammer. The purchaser is legally bound to buy and the vendor is legally bound to sell, with a full legal completion required 28 days following the auction.