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Description
- Status: Available
- Type: House
- Ownership: Freehold
- Occupation: Tenanted
- Bedrooms: 3
- Council Tax: Search
PRIME INVESTMENT OPPORTUNITY*** Tenanted 3 bedroom semi detached house. Tenant in situ. Current rental £450pcm (£5,400pa) Potential rental £750pcm (£9,000)
Compromises: Ground floor - Living room, kitchen/diner and utility room. First floor - 3 Double bedrooms with a family bathroom. Enclosed garden to the rear with garden and drive way to the front.
Realistic Rental potential of £750 - £800pcm (£9,000 - £9,600 PER ANNUM) EXCELLENT INVESTMENT PROPERTY within high tenant demand location close to amenities and transport links.
House prices around ST3 6LN have an overall average of £170,000 over the last 2 years. Overall, the historical sold prices around ST3 6LN over the last year were 40% up on the previous year.
Brookwood Drive balances peaceful suburban living with quick access to urban amenities — offering the best of both worlds with Easy access to Park Hall Country Park and Longton Park.
PRIME INVESTMENT OPPORTUNITY*** Tenanted 3 bedroom semi detached house. Tenant in situ. Current rental £450pcm (£5,400pa) Potential rental £750pcm (£9,000) Compromises: Ground floor - Living room, kitchen/diner and utility room. First floor - 3 Double bedrooms with a family bathroom. Realistic Rental potential of £750 - £800pcm (£9,000 - £9,600 PER ANNUM) EXCELLENT INVESTMENT PROPERTY within high tenant demand location close to amenities and transport links. House prices around ST3 6LN have an overall average of £170,000 over the last 2 years. Overall, the historical sold prices around ST3 6LN over the last year were 40% up on the previous year. Brookwood Drive balances peaceful suburban living with quick access to urban amenities — offering the best of both worlds with Easy access to Park Hall Country Park and Longton Park.
Tenancy Details
Type of Agreement: Short Assured Tenancy (SAT)Length:
Rent: £5,400 per year / £450 per month
Yield: 6% (approx)
Tenant: Private Individual
Notes: Current rental £450pcm (£5,400pa) Potential rental £750pcm (£9,000)
Maps & Location
Map Street View SatelliteBrookwood Drive is a residential street situated in the Meir area of Stoke-on-Trent, Staffordshire. The area is a mix of semi-detached and detached homes, making it appealing to families, first-time buyers, and investors alike with proximity to good primary and secondary schools, such as Weston Junior Academy and Ormiston Meridian Academy. Brookwood Drive benefits from good transport links, with easy access to major roads and public transportation options connecting residents to Stoke-on-Trent city centre and surrounding areas.
Document Downloads
Pricing Information & Bidding
Opening Bid: £87,000
What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price). How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.View Live Online Auction
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Terms & Conditions of Sale
- 10% Deposit (Minimum £3,000)
- Standard Completion (Unless specified differently in any Special Conditions of Sale)
- Buyers Fee = 1% of Sale Price (Minimum £2,500 + vat)
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STANDARD TERMS OF SALE are 4 week completion with 1 week extension. Sellers can request an earlier or later completion date which will be detailed in any Special Conditions of Sale for this lot. Buyers must satisfy themselves prior to bidding as to the terms on offer for each property which may differ in deposit amount, completion and buyers fee.
* If no Special Conditions of Sale are present in the legal docs download bidders are advised to request a copy by email prior to bidding.
General Terms & Conditions of Sale
Lot Specific Terms - 109Brookwood Drive, Stoke on Trent