For Sale By Auction | 13:00, 14 May 2020 | Lot 44

313 Princes Road, Hartshill, Stoke-On-Trent, Staffordshire, ST4 7JT

*Guide | £150,000 (plus fees)

  • End of Terrace House
  • 5 Bedrooms
  • Tenure: See Legal Pack

Call the team on 01772 772450 for more information

Auction Date

Thu 14/05/2020

Auction Time

13:00

Auction Venue

Online Auction Online Auction,

Part Tenanted 5 Bed Licenced HMO – ERV Approximately £19,800 pa

Location Located at the end of a row of traditional terrace houses on the west side of Princes Road at its junction with Stone Street, within a predominantly residential area of Hartshill approximately 0.5 miles mile to the west of Stoke-on-Trent town centre. The larger centre of Hanley is approximately 2 miles to the north east. Royal Stoke University Hospital is approximately 1 mile to the west whilst Staffordshire University and Stoke-on-Trent Railway station are both approximately 1 mile to the east. Description Early 1900s end of terrace house over ground and first floors of traditional brick construction under a multi pitched slate covered roof. There is a ground floor extension to the rear. The property is fitted with gas fired central heating and the windows are uPVC double glazed. To the rear there is a paved garden/yard area which includes a garage accessed from Stone Street.

Tenure

See Legal Pack

Accommodation

Ground Floor: Hallway, Kitchen, two bedrooms, shower-room, WC and boiler room First Floor: Landing, store cupboard and 3 en-suite bedrooms Basement Utility / Laundry Room

Tenancies

We are informed that 3 of the rooms are currently let – 2 first floor rooms at £350 pcm and 1 ground floor room at unconfirmed rent but which is thought to be £300pcm. No tenancy agreements have been provided. If fully let, we consider that the property has the potential to generate a gross income of circa £19,800 per annum. We have calculated this by attributing £350 per month per ensuite bedroom to the first floor and £300 per month per ground floor room (which share a bathroom).. We understand the Property is not Listed and is not within the Hartshill Conservation Area.

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Stoke on Trent City Council

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

Buyer's Premium - 1.2% inc VAT of the purchase price payable on exchange of contracts.

Administration Charge - 1.2% inc VAT of the purchase price, subject to a minimum of £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.