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Modern 1 bed Apartment property

Available

For Sale

Listed May 26, 2025

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£48,000

Available

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

"Guide Price £48,000 £3,000 plus vat

For sale by Unconditional Online Auction on the 30th of April 2025.

Registration is now open, bidding opens on 30th of April 2025 at 10 00 and ends on 30th of April 2025 at 16 45.

Located in the heart of Hanley, this modern studio apartment presents an outstanding investment opportunity. Just three years old, the property offers contemporary living with high quality finishes, making it an attractive choice for tenants. Currently let at £5,700 per annum, it provides a hassle free, income generating asset from day one.

Description
Located in the heart of Hanley, this modern studio apartment presents an outstanding investment opportunity. Just three years old, the property offers contemporary living with high quality finishes, making it an attractive choice for tenants. Currently let at £5,700 per annum, it provides a hassle free, income generating asset from day one. Positioned in a prime central location, the apartment benefits from excellent transport links, shopping, dining, and entertainment options right on the doorstep, ensuring strong tenant demand.

With a sleek, low maintenance design and high rental appeal, this property is ideal for investors looking to expand their portfolio with a turnkey opportunity. Hanley s continued growth and regeneration make this a future proof investment, with potential for capital appreciation over time. Whether you re a seasoned investor or just starting out, this well located studio offers a perfect blend of affordability, rental yield, and long term potential.

Service charge approx £54pcm
Ground rent approx £12.50pcm

Recently sold prices
Flat 12, Moxons Island, 48 Stafford Street, Stoke on trent, ST1 1JB £67,500
Flat 17, Moxons Island, 48 Stafford Street, Stoke on trent, ST1 1JB £67,000
Flat 18, Moxons Island, 48 Stafford Street, Stoke on trent, ST1 1JB £70,000

Tenure
Leasehold

Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL Contracts are exchanged on the fall of the hammer and a 10% deposit will be taken from the highest bidder. This deposit will contribute towards the purchase price.

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."