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£90,000Guide priceMortgage options

2 bedroom terraced house for sale

Ruxley Road, Stoke-On-Trent ST2 9BS

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Terraced house
2 bedroom
1 bathroom

Property features

  • Tenure: Freehold
  • TWO BEDROOM TERRACE
  • PRE LET INVESTMENT
  • TO BE SOLD WITH TENANT IN SITU
  • FOR SALE BY PUBLIC AUCTION
  • ATTENTION INVESTORS
  • BUY TO LET OPPORTUNITY

Property description

PREVIOUSLY FOR SALE BY PUBLIC AUCTION. NOW AVAILABLE UNDER AUCTION TERMS AT £90,000 PRE LET PROPERTY INVESTMENT TO BE SOLD WITH A TENANT IN SITU. CURRENT INCOME OF £550.00 PCM £6600 PER ANNUM. PRE LET PROPERTY INVESTMENT TO BE SOLD WITH A TENANT IN SITU. CURRENT INCOME OF £550.00 PCM £6600 PER ANNUM. POTENTIAL YIELD OF 7.5% DUE TO COVID 19 PLEASE BE AWARE THAT NO PHYSICAL VIEWINGS CAN CURRENTLY BE CONDUCTED ON THIS PROPERTY.

Two bedroom mid terraced property. Finished to a very high standard by the current owners. Pictures taken before current tenants moved in for illustration only. This property has not been inspected by Butters John Bee or the Auctioneer.

Rooms

Entrance Hall
Door to front

Lounge/Diner 3.48m x 7.85m (11'5 x 25'9)
Two radiators, feature fire and double glazed window to front and rear.

Kitchen 2.39m x 2.39m (7'10 x 7'10)
Range of wall and base units with preparation work surfaces over incorporating sink/drainer. Oven with gas hobs and extractor over, plumbing for an automatic washing machine and space for a fridge/freezer. Part tiled walls and double glazed window to side.

Ground Floor

First Floor

Bedroom 5.72m x 3.53m (18'9 x 11'7)
Radiator and two double glazed windows to front.

Bedroom 3.68m x 4.14m (12'1 x 13'7)
Radiator and double glazed window to rear.

Bathroom 2.44m x 3.61m (8' x 11'10)
White three piece suite comprising; W.C, wash hand basin and panelled bath. Radiator, part tiled walls and double glazed window to rear.

Outside Rear
Rear garden area.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions (a copy is available on request).

Buyers Administration Fee
A buyers administration fee of £960 including VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date.

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website . Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendors solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them.

Viewings
To view this lot, please contact the selling office, alternatively: This property could be listed on our viewing schedule which can be found in the auction catalogue or on our web site.

Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue.

Guide Price
An indication of the sellers current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Reserve
The sellers minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction.

Disclaimer
Butters John Bee Estate Agents also offer a professional, ARLA accredited Lettings and Management Service. If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above. Butters John Bee Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.

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