2 bed Terraced House For Auction

TO BE SOLD BY ONLINE AUCTION ON 22ND – 23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS.11, Evans Street, Stoke-on-trent, ST6 4HPAn excellent opportunity to acquire a tenanted buy-to-let investment in a well-established residential area, offering immediate income with further potential to enhance returns. Not inspected by Edward Mellor but reported to comprise; lounge, dining room, kitchen, two bedrooms and bathroom. Photographs have been provided by the vendor and taken when vacant. An excellent opportunity to acquire a tenanted buy-to-let investment located within a well-established residential area of Stoke-on-Trent. It is positioned within a popular and convenient location, close to local amenities, schools and transport links, ensuring continued appeal to tenants and long-term occupancy. It is reported to be currently let at £645 pcm, providing an immediate income stream. Based on the guide price, this reflects an attractive gross yield of approximately 11.9%, making it a strong proposition for investors seeking solid returns. Await sight of AST. We have been advised that the property has been recently modernised, offering a well-presented home that appeals to tenants and supports ongoing rental demand with minimal initial outlay required.An ideal addition to any portfolio, offering a ready-made, income-producing asset in a proven rental area.Here are some similar sold properties taken from Land Registry that highlight the potential:27, Wade Street, Stoke-on-trent, ST6 1HR £112,000 Terraced 2 BED 0.24 mi31, Leonard Street, Stoke-on-trent, ST6 1HS £107,000 Terraced 2 BED 0.21 mi76, Leonard Street, Stoke-on-trent, ST6 1HH £100,000 Terraced 2 BED 0.31 miTenant ready property values in the area are in the region of £750- £800pcmEPC rating - D