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Guide price

£140,000

3 bed flat for sale
King Street, Newcastle, Staffordshire ST5

    • 3 beds

    • 2 baths

    • 1 reception

  • EPC Rating: D

  • Auction
  • Leasehold

Reeds Rains - Newcastle Under Lyme

Logo of Reeds Rains - Newcastle Under Lyme

About this property

  • Georgian style period building

  • Three double bedrooms

  • Two modern bathrooms

  • Bright reception room

  • Direct garden access

  • Practical equipped kitchen

  • Master bedroom en-suite

  • Excellent transport links

  • High investment yield

  • Convenient parking available

For sale is an end-of-terrace flat, situated in a Georgian style period building, and in a good condition. This ground floor apartment features three double bedrooms and two bathrooms, and is currently used as a student accommodation, generating over £17,000 per annum in income.

Upon entering, you are welcomed by the beautifully proportioned reception room, boasting large windows that fill the room with plenty of natural light, and offering a serene view of the garden. The reception room also provides direct access to the garden, perfect for al fresco dining or relaxing on warm days.

The flat features a practical kitchen equipped with base and eye level units. All bedrooms offer ample space, with the master bedroom benefitting from an en-suite bathroom. The first bathroom offers amenities such as a heated towel rail and a walk-in shower, while the second bathroom features a walk-in double shower and a four-piece white suite.

The property is ideally situated with excellent public transport links, local amenities, green spaces, parks, walking routes and cycling routes all nearby. Adding to its charm are the property's high ceilings and the convenience of parking.

This property represents a fantastic investment opportunity with a high net yield. It is also ideal for first-time buyers, families, or those seeking university accommodation. Experience the unique blend of period charm and modern convenience in this high-ceilinged Georgian flat.

This house is for sale via the modern method of auction and is in need of modernisation throughout, making it an excellent project for those willing to invest some time and energy. With its charming features and potential, it promises to be a worthwhile investment.

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £300.00 including VAT for this pack, payable on completion of the purchase, which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

NLY250138/8

Entrance Hall

Lounge (4.24m x 2.47m (13' 11" x 8' 1"))

Kitchen (3.63m x 1.75m (11' 11" x 5' 9"))

Inner Hallway

Bedroom One (4.01m x 3.68m (13' 2" x 12' 1"))

En-Suite

Bedroom Two (4.55m x 4.44m (14' 11" x 14' 7"))

Bedroom Three (4.17m x 2.77m (13' 8" x 9' 1"))

Bathroom

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Property descriptions and related information displayed on this page are marketing materials provided by - Reeds Rains - Newcastle Under Lyme. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Reeds Rains - Newcastle Under Lyme for full details and further information.