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Evans Street, Stoke-On-Trent, ST6

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

861 sq ft

80 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • To Be Sold Via Modern Auction
  • Mid Terraced House
  • Tenants In Situ Paying £600 PCM
  • Interior works Required
  • Two Double Bedrooms
  • Two Reception Rooms

Description

This two bedroom mid-terraced house presents an excellent investment opportunity, offered for sale via modern auction with tenants in situ currently paying £600 per calendar month (making it an appealing choice for landlords seeking immediate rental income). The property requires interior works, providing scope for improvement and personalisation, and is ideally suited to buyers looking to add value. Upon entering the house, you are welcomed by two generously proportioned reception rooms, offering flexible living and dining arrangements to suit a variety of lifestyles or tenant requirements. The kitchen is positioned to the rear of the property and, while functional, would benefit from updating to enhance both practicality and aesthetic appeal. Upstairs, you will find two spacious double bedrooms, both offering ample space for bedroom furniture and storage solutions, making them attractive to sharers or families. The bathroom, located on the first floor, is of a good size and, like the rest of the house, could be modernised to increase the property’s overall value and appeal. The layout is practical and well-suited to the needs of professional tenants, couples, or small families, with the two reception rooms allowing for dedicated spaces for relaxation, dining, or working from home. The property’s current tenants provide a steady income stream from day one (ideal for investors not wishing to endure a void period), and with some refurbishment, there is potential to increase the rental yield further. This mid-terraced home is situated in a well-established residential area, benefiting from local amenities and excellent transport links, which enhance its attractiveness to both current and future tenants. The property is being sold with no onward chain, streamlining the purchase process for buyers. Whether you are a seasoned investor seeking to expand your portfolio or a first-time landlord looking for a property with immediate income and future potential, this two bedroom terraced house offers a compelling proposition. Early viewing is highly recommended to fully appreciate the accommodation on offer and the opportunity for enhancement. Please note that this property is offered via modern auction, which is a transparent and secure method of sale (details available upon request), and that interior works are required to bring the property to its full potential.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
EPC Rating: D

Sitting Room

3.4m x 3.13m

Lounge

3.28m x 3.15m

Kitchen

3.34m x 1.73m

Bathroom

2.14m x 1.7m

Bedroom One

3.42m x 3.19m

Bedroom Two

3.23m x 3.32m

COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Ask agent
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Evans Street, Stoke-On-Trent, ST6

Approximate location

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Affordability

Monthly repayments£276
Property: £ 55,000
Deposit: £ 5,500
Interest rate: 5.33%
Term: 30 years
Powered byNatwest
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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About Nested, Nationwide

Fora, 9 Dallington Street, London, EC1V 0LN

Nested are the first estate agents built specifically for home movers. From sale to settled, our winning formula of market-leading technology, hyper-local agents and unparalleled customer service is bringing home selling into the 21st century. Our area partners are so much more than estate agents; they're industry experts who love property so much, they've made it their bread and butter.

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Disclaimer - Property reference 0dcbe291-5f20-4889-ba51-374252fec436. 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 Nested, Nationwide. 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.

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 Nested, Nationwide on 020 3838 0693.

*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.”

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.