- For Sale By Modern Method of Auction +
- First Floor Flat +
- Three Bedrooms +
- Sold With A Tenant In-Situ +
- Currently Achieving £650pcm +
- Ideal Investment Opportunity +
- Excellent Bignall End Location +
- No Onward Chain +
For sale by modern method of auction - NO CHAIN - A three bedroom first floor flat to be sold with a tenant in-situ, currently achieving a yield of 10.1% per year at the starting bid, rented at £650pcm / £7800 PA! The property is offered for sale through the Modern Method of Auction which is operated by iamsold Limited. The auction start bid is £77,000 plus reservation fee.
Situated in Bignall End, this spacious flat would make an ideal investment opportunity, to be sold with the current tenant in-situ and currently achieving £650pcm (£7800 PA).
An entrance hallway and staircase to the first floor enters to a central hallway which provides access to all rooms, including a sizeable lounge, kitchen, three bedrooms and a family bathroom.
Ravens Close occupies a prime position within Bignall End, close to several commuting links such as the M6, A500 and A34, with several schools also nearby including Ravensmead Primary School which is within easy walking distance. The wealth of amenities within Alsager and Newcastle-under-Lyme are both within close proximity.
A fantastic opportunity for any investors and landlords looking to start or expand their portfolio! Please contact Stephenson Browne to arrange your viewing.
Entrance Hall - Composite front door, fitted carpet, stairs to first floor.
Landing - Fitted carpet, loft access, ceiling light point.
Lounge - 5.205 x 3.135 (17'0" x 10'3") - Fitted carpet, UPVC double glazed window, ceiling light point, radiator.
Kitchen - 2.859 x 2.388 (9'4" x 7'10") - Vinyl tile effect flooring, UPVC double glazed window, ceiling light point, radiator, one and a half bowl stainless steel sink with drainer, integrated oven and hobs, tiled splashback, wall and base units.
Bedroom One - 4.200 x 2.742 (13'9" x 8'11") - Fitted carpet, UPVC double glazed window, two ceiling light points, radiator.
Bedroom Two - 4.159 x 1.985 (13'7" x 6'6") - Fitted carpet, UPVC double glazed window, ceiling light point, radiator.
Bedroom Three - 2.780 x 2.730 (9'1" x 8'11") - Maximum measurements (L-shaped room) - Fitted carpet, UPVC double glazed window, ceiling light point and downlights, radiator.
Bathroom - 1.930 x 1.817 (6'3" x 5'11") - Vinyl flooring, UPVC double glazed window, ceiling light point, radiator, storage cupboard, part tiled walls, W/C, wash basin with vanity unit, bath with overhead shower.
Auctioneers Comments - This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation
Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information
Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase
price inc VAT, subject to a minimum of £6,600 inc VAT. This Fee is paid to reserve the property to the buyer during the
Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the
service is taken. Payment varies but will be no more than £450. These services are optional.
Council Tax Band - The council tax band for this property is A.
Nb: Tenure - We have been advised that the property tenure is LEASEHOLD, we would advise any potential purchasers to confirm this with a conveyancer prior to exchange of contracts.
Nb: Copyright - The copyright of all details, photographs and floorplans remain the possession of Stephenson Browne.
