2 Bed Flat, Cash/Bridging Only, Stoke-on-Trent, ST6 4HT, £55,000

Federation Road, Stoke-on-trent, ST6 4HT - 2 views - 2 months ago

Leasehold
Cash
ROI: 6%
~68 m²
+3 photos

ValuationUndervalued











Investment Opportunity



































Property History

Listed for £55,000

February 25, 2025

Floor Plans

Description

  • Leasehold - 231 Years Remaining +
  • Ground Rent -£11.66 PCM +
  • Service Charge - £130.66 +
  • Estimated Net Rental Yield Of 14% +
  • Haywood Hospital Nearby +

Located in Burslem, this two-bedroom apartment presents an exceptional investment opportunity, boasting an estimated net rental yield of 14%. Offering fantastic potential, this property is sure to attract keen interest, making it a must-see for any savvy investor. With demand high, don’t miss your chance—act fast before it’s gone!

Located on the third floor, this property boasts a spacious open-plan lounge, dining area, and kitchen, offering a modern and versatile living space. Two generously sized bedrooms provide flexibility, complemented by a well-appointed main family bathroom.

Externally the home benefits from off road parking for peace of mind.

Situated in the heart of Burslem, offering excellent transport links, local amenities, and attractions. Longport Station is just over a mile away, with frequent bus services nearby. Everyday essentials are covered with Asda and Aldi within easy reach, while healthcare facilities, including Haywood Hospital and local dentists, are conveniently close. For dining and leisure, Festival Heights Retail Park hosts popular options like McDonald’s and KFC, while the Genesis Centre provides additional amenities. With everything on your doorstep, this location offers both convenience and a vibrant community feel.

Please be aware that any systems, appliances, or services depicted in photographs have not been tested by us and are subject to a fixtures and fittings agreement with the seller.

To secure this property in accordance with our terms, a £6,000 deposit will be required, which will be deducted from the purchase price. Additionally, there is a non-refundable Reservation Fee of £450 inc VAT, which is separate from the purchase price.

All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions.

Upon acceptance of your offer, our appointed solicitor will be formally instructed to oversee the sale process on your behalf, ensuring a smooth and efficient transaction.

Agent Details

House Sales Direct, Cheadle

0161 524 8266

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.