2 bedroom flat for sale

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2 bedroom flat for sale

Stoke-on-Trent ST2
£50,000

Price History

Initial price £70,000
16/05/25 £65,000
24/05/25 £60,000
05/06/25 £50,000
Price Change -28.57%

Description

This freehold investment bungalow in Stoke-on-Trent offers a potential rental yield of 18%. The property consists of two residential units, each with a lounge, kitchen, bedroom, and bathroom, and benefits from a private car park to the rear. Flat 1 is currently vacant, with potential rental income of £595 PCM, while Flat 2 is tenanted and producing £450 PCM, with scope to increase. The total potential rental income is £12,540 per annum. Located in the heart of the UK's ceramics industry, Stoke-on-Trent offers a strong sense of community and convenient transport links to nearby cities. The property is being sold by under the hammer online auction, with the legal pack available for download and bidding taking place online. Potential buyers can register, view the property, and submit prior auction offers through the website.