Modern Method of Auction
Auction date not yet published
2 × 2-bed flat + 2-bed house · ST4 3PF
For saleListed 15 days
Opportunity summary
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About
** MODERN METHOD AUCTION** 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 winning bidder will pay £300.00 including VAT for this pack 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.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.
Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you For sale: investment opportunity comprising two 2bedroom flats and one 2bedroom house in Fenton, Stoke on Trent, held under a single title.
All three properties are currently let, generating an annual rental income of approximately £22,300, with a potential yield around 7%.
Each dwelling falls within Council Tax Band A and holds an EPC rating of C.
The accommodation across all Three units offers well proportioned bedrooms with neutral décor, carpeted floors and good natural light.
Some rooms feature built in storage, and the interiors generally present as clean, simple spaces that are straightforward to maintain between tenancies.
Modern shower rooms with tiled walls and contemporary cubicles support practical day to day living.
Kitchens are fitted with white units and integrated cooking facilities, with checkerboard flooring providing a robust finish suited to rental use.
There is a small enclosed outdoor area to the rear of the house, offering basic external storage or service space.
Located in Fenton, the properties benefit from access to local shops, takeaways and everyday amenities on City Road and the wider Stoke on Trent town centre.
Fenton Park is within easy reach for green space, children’s play areas and walking routes.
Transport links are convenient for tenants: Stoke on Trent railway station is a short drive or bus ride away, providing services to Crewe, Manchester and Birmingham, with journey times to Birmingham New Street often around 50 minutes and to Manchester roughly 45–60 minutes.
Road connections via the A50 and A500 link easily to the M6, supporting commuters across the region and underpinning the long term rental appeal of this multiunit freehold.
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.
QLG260557/2 House Lounge 5.26m x 3.38m House Kitchen 3.38m x 3.35m House Bedroom 1 4.2m x 2.34m House Bedroom 2 3.4m x 3.28m House Shower Room 4.11m x 1.12m Flat 5 Lounge 4m x 3.43m Flat 5 Kitchen 3.84m x 2.82m Flat 5 Bathroom 2m x 1.88m Flat 5 Bedroom 1 3.28m x 2.2m Flat 5 Bedroom 2 3.28m x 3.07m Flat 7 Lounge TBC Flat 7 Kitchen TBC Flat 7 Bathroom TBC Flat 7 Bedroom 1 TBC Flat 7 Bedroom 2 TBC
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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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.
Area
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FAQ
About Bishop Street, Stoke-on-Trent, Staffordshire, ST4
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