1-bedroom flat · ST1 3NS
Listing removedListed 86 days
Opportunity summary
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About
* Excellent Opportunity for ftb or Investor * Popular Residential Location * Excellent Access to Local Amenities * Modern Contemporary Living Accommodation Description Ideal starter home or investor opportunity This stylish one bedroom Ground Floor Corner Apartment is ideal for first time buyers or Investors who are looking to get onto the property ladder or add to their property portfolio.
Located with walking distance to Hanley City Centre with excellent commuter links.
This spacious one bedroom apartment is ready for a new owner and the accommodation comprises an open plan living space with modern fitted kitchen a double bedroom and contemporary bathroom.
Externally the property benefits from two allocated parking spaces and a communal decking area with views over the canal. No upward chain.
Open Plan Living Space (6.99m x 2.82m (extending to 3.89m) (22'11 x 9'3 (e) Living Area Ceiling light points, wall mounted electric heater, laminate wood effect flooring, uPVC double glazed windows Kitchen Area Fitted with a range of contemporary wall and base units base units and co-ordinating worktops.
Built in electric oven, hob and stainless steel extractor hood, sink and drainer with mixer tap, Integral fridge freezer and washer/dryer.
Ceiling light point, electric wall heater, laminate wood effect flooring, composite entrance door.
Bedroom (4.52m x 2.9m (14'9" x 9'6")) Ceiling light point, wall mounted electric heater, two uPVC double glazed windows Bathroom (2.3m x 1.6m (7'6" x 5'2")) Fitted with a modern white three piece suite comprises: Panelled bath with overhead mixer shower and shower screen, wall mounted wash hand basin, low level w/c.
Ceiling light point, heated towel rail, tile effect laminate flooring, part wall tiled, airing cupboard with storage.
Outside Outside there are two allocated parking spaces and a communal decking area with canal side views. Lease Information Leasehold property.
We have been advised by the current owner the following: Term of Lease 125 years from 2006 Ground Rent - £210 per annum Service Charge - £ 737.52 per annum We recommend any interested parties should clarify the above with their solicitor General Information Viewings - Strictly by appointment with the selling agents Keys Estate Agents - call Valuation - Do you have a property to sell?
If so Keys Estate Agents can offer a free valuation, call Services We believe all are available.
Tenure Leasehold Offer Procedure All offers should be made directly to Keys Estate Agents and should be made before contacting the bank, building society or solicitor as any delay may result in a sale being agreed to another party and survey/legal fees being unnecessarily incurred.
In compliance with the Estate Agents Order 1991 we are obliged to check into a purchaser’s financial situation to qualify an offer and financial arrangements.
If you are making a cash offer which is not subject to the sale of a property written confirmation of the availability of funds will be required to qualify your offer.
The agent has not tested any of the equipment, fixtures, fittings or services and so can not verify that they are in working order or fit for their purpose.
Legal documents have not been checked by the agents to verify tenure of the property. Subject to contract. Vacant possession on completion.
Mortgages - If you are seeking a mortgage for a property or require Independent Financial Advice we can provide a free quotation
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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.
Area
Agent & docs
FAQ
About 49, Lock Keepers Way, Stoke-On-Trent
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