2-bedroom flat · ST5 8RB
Sold STCListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bob Gutteridge Estate Agents are delighted to bring to the market this desirable apartment situated on this well maintained development in Porthill which provides ease of access to the A34 & A500 as well as providing good road links to Wolstanton where local shops, schools and amenities can all be located.
This smartly presented apartment offers Upvc double glazing along with electric heating and in brief the accommodation comprises of entrance hall, spacious lounge / diner / fitted kitchen, two bedrooms with an en-suite off the master bedroom and a bathroom.
Externally this property is set on maintained grounds and comes with two allocated off road parking spaces. We can also confirm that this home is being sold with the added benefit of NO VENDOR CHAIN !
Entrance Hall - With timber front access door, four lamp spotlight fitting, wall mounted electric storage heater, electricity consumer unit, door to two built-in airing cupboard housing hot water cylinder with immersion heater providing the domestic hot water systems, door to built-in store, security intercom and doors leading off to; Lounge / Diner / Fitted Kitchen - 7.90m x 2.95m (25'11" x 9'8") - With Upvc double glazed patio doors to elevated front aspect, two Upvc double glazed windows to side aspect, two four lamp spotlight fittings and two pendant light fittings, coving to ceiling, wall mounted electric storage heater, wood laminate flooring, a range of base and wall mounted storage cupboards providing ample domestic storage space, round edge worktop, built-in stainless steel sink unit with mixer tap above, built-in Beko electric fan oven, built-in four ring electric hob with extractor hood above, white ceramic splashback tiling, space for fridge/freezer, space for automatic washing machine, and power points.
Bedroom One - 3.05m x 3.78m (10'0" x 12'5") - With Upvc double glazed window to front, three lamp spotlight fitting, wall mounted electric heater, telephone line / ADSL connection point, Virgin Media connection point (subject to usual transfer regulations), power points and door leading off to; En-Suite Shower Room - 1.73m x 1.45m (5'8" x 4'9") - With enclosed light fitting, extractor fan, wall-mounted Dimplex electric towel rail, a white suite comprising low level dual flush WC, pedestal sink unit, corner glazed shower unit with thermostatic direct flow shower, ceramic floor tiling, white surrounding splashback tiling and electric shaver socket.
Bedroom Two - 2.72m x 2.01m (8'11" x 6'7") - With Upvc double glazed window to front, pendant light fitting, fitting for electric wall mounted heater, wood laminate flooring and power points.
Bathroom - 1.96m x 1.93m (6'5" x 6'4") - With enclosed light fitting, extractor fan, black ceramic tiled flooring, white ceramic splashback tiling, Dimplex electric heated towel rail, a white suite comprising low-level dual flush WC, pedestal sink unit, panel bath unit with mixer tap above and electric shaver power point.
Externally - Maintained Grounds - This apartment is set on beautifully maintained grounds which offers a bike and bin store along with off road parking for two vehicles along with visitor spaces.
Council Tax - Band 'A' amount payable to Newcastle-under-Lyme Borough Council. Looking To Sell Your Home?
- Bob Gutteridge Estate Agents are one of Staffordshire's leading estate agents and offer a comprehensive sales package to ensure a swift and efficient sale, so don't delay call us on to request your FREE pre market valuation.
BUYERS REGISTERED AND WAITING FOR YOUR PROPERTY ! Mortgage - We have access to a financial adviser that specialises in residential mortgages and has access to a host or mortgage lenders.
Written quotations on request. Contracts of insurance may be required. Your home is at risk if you do not keep up repayments or other loans secured on it.
Call to arrange your FREE initial consultation today. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
Note - None of the services, built in appliances or where applicable central heating, have been tested by the Agents and we are unable to comment on serviceability.
Services - Main services of electricity, water and drainage are connected. Viewing - Strictly by appointment with the Agents at 2 Watlands View, Porthill, Newcastle, Staffs, ST5 8AA.
Telephone number: . Leasehold Information - The property is a leasehold apartment and annual charges are as follows; Ground Rent is £250.00 Annually.
Services Charge for 25/26 is £975.06 - Reviewed Annually Lease Start Date: 4th July 2004 Lease End Date: 1st January 2129 Years Remaining: 102
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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