No longer on the market
This property is no longer on the market
Floorplan
MapResidential development
Auction
Residential development
699
Features and description
Guide Price £50,000 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
*investment opportunity* We are pleased to offer a unique property with significant potential for both commercial use and residential conversion in Stoke on Trent.
TO BE SOLD UNDER AUCTION TERMS ON 25th July 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS
Planning approval Granted ref 23/00971/COUNOT
55 High Street, Silverdale, Newcastle-Under-Lyme, ST5 6LY
This is a unique property with significant potential for both commercial use and residential conversion. Its strategic location, coupled with the current planning application for an HMO, makes it an excellent prospect for property investors looking to expand their portfolio in a promising market. Don't miss this opportunity to invest in a versatile property with substantial growth and income potential.
Should the application be approved, once converted and fully let, you should be looking to achieve in the region of £18,000 - £20,000PA.
Investing in Silverdale, Newcastle-Under-Lyme, offers a unique opportunity to capitalize on a location that combines the tranquility of village life with the economic vibrancy of a nearby urban center. Its strategic location, robust rental market, and potential for capital appreciation make Silverdale a highly attractive prospect for property investors. Whether you're looking to invest in residential or commercial properties, Silverdale provides a compelling environment for growth and profitability.
45 Victoria Street Newcastle ST5 6PP - Sold - 11/09/2023 - £172,000
54 High Street Newcastle ST5 6NG - Sold - 07/02/2021 - £164,000
5 The Rookery Newcastle ST5 6NA - Sold - 31/08/2021 - £130,000
Tenure
Freehold
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £3,000 + 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.
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
*investment opportunity* We are pleased to offer a unique property with significant potential for both commercial use and residential conversion in Stoke on Trent.
TO BE SOLD UNDER AUCTION TERMS ON 25th July 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS
Planning approval Granted ref 23/00971/COUNOT
55 High Street, Silverdale, Newcastle-Under-Lyme, ST5 6LY
This is a unique property with significant potential for both commercial use and residential conversion. Its strategic location, coupled with the current planning application for an HMO, makes it an excellent prospect for property investors looking to expand their portfolio in a promising market. Don't miss this opportunity to invest in a versatile property with substantial growth and income potential.
Should the application be approved, once converted and fully let, you should be looking to achieve in the region of £18,000 - £20,000PA.
Investing in Silverdale, Newcastle-Under-Lyme, offers a unique opportunity to capitalize on a location that combines the tranquility of village life with the economic vibrancy of a nearby urban center. Its strategic location, robust rental market, and potential for capital appreciation make Silverdale a highly attractive prospect for property investors. Whether you're looking to invest in residential or commercial properties, Silverdale provides a compelling environment for growth and profitability.
45 Victoria Street Newcastle ST5 6PP - Sold - 11/09/2023 - £172,000
54 High Street Newcastle ST5 6NG - Sold - 07/02/2021 - £164,000
5 The Rookery Newcastle ST5 6NA - Sold - 31/08/2021 - £130,000
Tenure
Freehold
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £3,000 + 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.
About this agent
Town & Country Property Auctions - Cheshire, Staffordshire and Shropshire
23 - 25 Market Street,
Crewe, Cheshire
CW1 2EW
0161 937 0131Our story Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974. Town & Country Estate Agents formed in 1991 gaining immediate success with a model putting customer service to the forefront. Following expansion over North Wales, North-West and Shropshire, estate agency headquarters were established in Chester City Centre in 2007. 2010 saw the establishment of Town & Country Property Auctions with expansion into the UK, Ireland and overseas in 2018. The continued growth of TCPA nationwide has facilitated a move to new prestigious premises at Regus House, Chester followed by the development of a new digital marketplace for property auctions, with the goal of providing an easy to use, transparent platform for auction buyers and sellers in the modern age.