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2 bedroom property for sale

Lower Mayer Street, Stoke-On-Trent, ST1

Sold STC £45,000

Property Description

Key features

  • Being Sold By Modern Method Of Auction
  • EPC Grade = E
  • No Upward Chain
  • Three Bedrooms
  • Potential 7.5% Yield

Full description

NO UPWARD CHAIN!!!! Ideal investment property having just been redecorated and new central heating system this property is all ready to go and a possible yield of 7.5% this is a must view for any investor. Having three bedrooms, lounge, dining room, kitchen, bathroom and large garden to rear with possible off road parking.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately, but grant 28 days to achieve exchange of contracts from the date the buyer s solicitor is in receipt of the draft contracts and a further 28 days thereafter to complete. Allowing the additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable Reservation Fee of 3.5% to a minimum of £5,000.00 + VAT (£1,000.00) = (£6,000.00) which secures the transaction and takes the property off the market. Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative. The buyer will be required to sign an Acknowledgement of Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation from and all terms and conditions can be found in the Buyer Information Pack which can be downloaded for free from the auction section of our website or requested from our Auction Department. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction, which is operated by West Midlands Property Auction powered by iam-sold Ltd.


EPC Grade = E


Entrance Hall

Lounge 11' 6" x 10' 5" (3.51m x 3.18m )

Electric fire having timber surround with marble effect back. Coving to ceiling. UPVC double glazed window to the front. Double doors to:

Dining Room 11' 10" x 11' 5" (3.61m x 3.48m )

Having UPVC double glazed french doors to the rear.

Kitchen 8' 10" x 7' 3" (2.69m x 2.21m )

A range of fitted units comprising matching wall and base units with drawer accommodation. Glass fronted display cupboard. Working surfaces. Single drainer inset sink with mixer tap. Gas hob. Electric oven. Laminate flooring. Storage recess off. UPVC double glazed window and single glazed leaded window to the side.

Bathroom 11' 4" x 4' 5" (3.45m x 1.35m )

Panelled bath with shower attachment. Low level W.C. Pedestal wash hand basin. Part tiled walls. Gas wall heater. Tiled floor. Two single glazed windows to the side.

First Floor Landing

Bedroom

Airing cupboard. Access to loft. Laminate flooring. UPVC double glazed window to the rear.

Bedroom 10' 2" x 10' 0" (3.1m x 3.05m )

UPVC double glazed window to the front.

Bedroom 10' 0" x 7' 3" (3.05m x 2.21m )

Laminate flooring. UPVC double glazed window to the front.

Outside

To the rear of the property the yard leads to an attractive decked patio garden.




IMPORTANT NOTE TO PURCHASERS:

We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.


200840111/2


More information from this agent

Listing History

Added on Rightmove:
07 September 2016

Floorplans

Map & Street View

Disclaimer - Property reference 200840111. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains , Hanley. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains , Hanley on 01782 204244.


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