Residential Investment Opportunity
Parville House comprises 7 self-contained flats which are currently unoccupied. Remedial work is required to bring them up to a lettable standard, but this substantial Freehold property offers a tremendous investment opportunity. Set on it’s own grounds, the property is within a short distance of Festival Park and has easy transport links to surrounding town centres. The accommodation briefly comprises:
Tenure
See Legal Pack
The accommodation briefly comprises
Flat One (Ground Floor) Hallway leads into Lounge 4.3m x 5m with bay window to front, Kitchen 4.3m x 2.1m with window to side, Bathroom, Bedroom 3.6m x 3m. Flat Two (Ground Floor) Lounge 5.2m max x 3.9m, Kitchen 4m x 1.4m, Bathroom 2.6m x 1.4m, Bedroom 3.8m max x 2.7m. Flat Three (Duplex) Hallway leads to Kitchen 3.4m x 3.4m, Lounge 3.4m x 3.5m, Staircase leads from the hallway to Landing providing access to Bedroom One 3.5m x 2.5m, Bathroom. Flat Four (First Floor ) Hallway, Lounge 4.2m x 3.78m, Kitchen 1.65m x 4.2m, Bathroom 1.4m x 2.5m, Bedroom 2.7m x 3.7m max. Flat Five (First Floor) Lounge 5.6m x 3.78m, Kitchen 5m x 2m with window to side, Bedroom 3.6m x 2.9m, Bathroom 2.6m x 2.1m. Second Floor Flat Six Lounge 4.4m x 3.5m, Kitchen 3.3m x 1.8m, Bathroom, Bedroom 3.6m x 2.6m. Flat Seven Lounge 5.5m x 2.8m, Kitchen 3.2m x 2m, Bathroom 2.6m x 1.6m, Bedroom 4.5m x 2.7m
Outside
There is a parking area to the side of the property accessed via double gates over a shared driveway.
Services
All flats are centrally heated, however none of the systems have been tested. It is understood that all flats are separately metered for gas and electricity, this however has not been confirmed or tested.
Buyers Premium
A Buyers Premium of 2% (minimum £2000) plus v.a.t. will be charged for this lot in addition to our usual Administration Fee.
Viewing
By appointment through Auction House Staffordshire 01782 790058
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Stoke on Trent City Council
Solicitors
Trowers, 55 Princess Street, Ref: Trowers, Tel: 01618382000
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £1200 inc VAT payable on exchange of contracts.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.