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Room 80, Poulson House, Spark Street, Stoke, Stoke-On-Trent, Staffordshire ST4 1NZ

PROPERTY TYPE

Apartment

BEDROOMS

1

BATHROOMS

1

SIZE

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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.

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Description

Auction Commencing on Monday 30th November at 1pm and ending 24 hours later on Monday 01st December from 11am with Auction House.

Please register to bid via our website - auctionhouse.co.uk

TENANTED STUDIO INVESTMENT GENERATING £8,400 PA! Modern, self-contained apartment within popular Poulson House, ideally located close to Staffordshire University and Stoke Railway Station. Residents' gym, communal lounge and laundry facilities. Leasehold.

An excellent opportunity for investors to acquire this modern, self-contained studio apartment situated within the popular Poulson House development in the heart of Stoke-on-Trent. Currently let for £700 per calendar month, generating an impressive annual rental income of £8,400, the property offers an immediate income-producing investment.

The apartment is well presented throughout and offers cleverly designed accommodation comprising an open-plan bedroom/living area, fitted kitchenette with integrated appliances, dedicated study space and a modern en-suite shower room. The property also benefits from contemporary furnishings, fitted storage and large windows providing plenty of natural light.

Poulson House is a purpose-built development offering an excellent range of communal facilities, including a residents' gym, spacious communal lounge and games area, and laundry facilities, making it particularly attractive to the student rental market.

Ideally positioned within Stoke Town Centre, the development is within easy walking distance of a wide range of shops, supermarkets, restaurants and everyday amenities. Stoke-on-Trent Railway Station and Staffordshire University are also conveniently located nearby, providing excellent transport connections and strong appeal to students and young professionals alike.

With an established rental income, modern accommodation and excellent communal facilities, this property represents an attractive addition to any buy-to-let investment portfolio.

Property Information

Tenure: Leasehold
Lease Length: 246 years (as advised)
Current Rental Income: £700 PCM / £8,400 PA
Annual Ground Rent: £350
Annual Service Charge: £2,000
Council Tax Band: A

Accommodation: Self-contained studio apartment with en-suite shower room

Approximate Floor Area: 15.6 sq. m. (168 sq. ft.)

Please Note: Buyers are advised to verify the lease terms, rental arrangements, service charges, ground rent and any associated costs through their legal representatives prior to bidding.

Tenure: See Legal Pack

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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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

Room 80, Poulson House, Spark Street, Stoke, Stoke-On-Trent, Staffordshire ST4 1NZ

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Affordability

Monthly repayments£25
Property: £ 5,000
Deposit: £ 500
Interest rate: 5.22%
Term: 30 years
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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.
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About Auction House, South Yorkshire

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Why Use Auction House South Yorkshire?

· Market position Auction House are firmly established as the UKs no.1 property auctioneers based on lots sold, last year our total exceeded 3,700 and nationally we sell over 75% of lot entered to our room auctions. We are market leaders across Yorkshire and hold regular auctions in Leeds, Sheffield and Beverley. We also operate Online Auctions with sales every Thursday (except over Christmas and the New Year.

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Disclaimer - Property reference 202611101954sq_pfe1. 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 Auction House, South Yorkshire. 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 Auction House, South Yorkshire on 0114 697 5583.

*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.