£35,000

1 bedroom flat for sale

OneLondon Road, Newcastle under Lyme ST5
flat flat
bedroom 1 bedroom
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Property description

Guide Price £35,000 - £45,000 * Plus 5% Buyers Premium + VAT
For sale by unconditional online auction.


To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk

FOR SALE BY ONLINE AUCTION

c. 20% GROSS YIELD

Apartment currently rented until July 2025 at a weekly rent of £150. Excellent Investment and yield. A fully self contained studio (1 bedroom) flat with en-suite bathroom. The flat has access to the on site fully equipped gym, laundry and access to the large roof top terrace located in the same building. This flat also comes with its own dedicated parking bay.

One London Road is in an ideal location, with access off the main arterial route into the town centre and backing on to Lyme Valley parkland.

Only a short walk to The University Hospital and the town's shopping area, there's also a handy regular bus service to The University of Keele, Staffordshire University, Stoke train station and the City Centre.

Prospective buyers should review the legal pack for further information.

Tenure
Leasehold

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £3,500+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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OneLondon Road, Newcastle under Lyme ST5

Marketed by

Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire 23 - 25 Market Street, Crewe, Cheshire CW1 2EW
Call agent on 0161 937 0131
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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire for full details and further information.
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