Keates says ..
For sale by Modern Method of Auction: Starting Bid Price £50,000 plus Reservation Fees. Investment: A one bed town house currently rented for £600 per calendar month with scope to improve. The property benefits from gas central heating and double glazing accommodation comprises hallwa...
Property Oracle says ..
This one-bedroom property in Stoke-on-Trent is listed for sale by auction with a starting bid of £50,000. The photos reveal a compact apartment in reasonably good, yet somewhat dated condition. The kitchen and bathroom show signs of wear, and may require upgrading. The property’s location on Lock Keepers Way offers a degree of tranquility and proximity to the Trent and Mersey Canal, providing attractive views. Nearby amenities are reasonably accessible, with Hanley town centre and several schools within walking or short driving distance. However, precise details regarding the property’s size (SQFT) and plot size are missing, hindering a more complete analysis. Furthermore, information on the quality of nearby schools is limited, preventing an accurate assessment of their educational standards. The fact that this property is for sale by auction means there is less negotiation and therefore a higher risk for the buyer. It is also worth considering that the property currently generates a rental income of £600 per month, which is something to take into account when considering the overall value. Potential buyers should conduct thorough inspections and due diligence to fully assess the property’s value and condition before placing a bid.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 6
- Land
- 2
- Bedrooms
- 1
- Bathrooms
- 1
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Agent Activity
Keates created the listing.