Lot 4 - 68 Oldfield Street, Stoke-on-Trent, Staffordshire, ST4 3PN
- Unconditional Online Auction Sale
- Guide Price* : £40,000
- 2 bedroom mid-terrace house
- Convenient location
- Let at £5,400 per annum
ON BEHALF OF THE COURT APPOINTED RECEIVER: 2 bedroom mid-terrace house sold subject to occupation by a tenant at a rent understood to be equivalent to £5,400 per annum
Description
The property comprises a mid-terrace 2 bedroom house. The accommodation comprises to the ground floor 2 reception rooms either side of the central staircase and at the rear is the kitchen and bathroom. At first floor there are 2 double bedrooms and an en-suite shower room. Some refurbishment is required and the tenant has reported that the boiler requires some repairs and they used the en-suite bathroom as the taps needed repairing in the main bathroom.
Location
The property is situated within Fenton, a district of Stoke on Trent that lies approximately 2.5 miles south of Hanley. The immediate area is a mixture of residential properties and commercial uses, with the latter mainly fronting King Street (A5007). Oldfield Street can be accessed from the main road via a number of side roads and runs parallel to it.
Junction 15 of the M6 is within 3.5 miles and Longton train station is within 0.75 mile.
Tenure
Freehold.
Accommodation
Ground Floor: Two Reception Rooms, Kitchen and Bathroom: 38.81 sq. m (417 sq.ft)
First Floor: Landing & 2 Bedrooms and Bathroom: 29.41 sq.m (316 sq.ft)
Total GIA: 68.22 sq.m (373 sq. ft)
Outside
Enclosed rear yard.
Tenancies
Please note that whilst the Property is occupied and we have a copy of the AST, The Receiver have not taken over the tenancy and can give no warranties regarding the occupation or terms of the AST supplied.
From the copy AST supplied it appears the tenant have a statutory periodic monthly tenancy after the expiry of the original term of 6 months from 14th November 2022. We understand the rent is £450 per month, equivalent to £5,400 per annum.
EPC
Energy Performance Asset Rating - D
Council Tax Band
A
Buyers Administration Fee
There will be a Buyer's Administration Fee of £2,700 (inc VAT) payable upon exchange of contracts.Additional Information
1. The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g. the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2. If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use. The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
3. The property is being sold under Proceeds of Crime legislation. Please see Legal Pack for further details.
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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