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£75,000
High Lane, Burslem, Stoke-on-trent, Staffordshire, ST6
- 4 beds
£75,000
- 4 beds
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Buy with a mortgage
Estimate monthly mortgage payment:
£342 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£3,750
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This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Tenanted Property - 577 High Lane, Tunstall, Stoke-on-Trent ST6 7EP
Starting Price: £75,000
A spacious investment property with strong rental potential, located on a well-connected stretch of High Lane. Previously used as a 4-bedroom HMO, the property is currently configured as a large 3-bedroom home and is tenanted at £600.00 pcm, with the tenancy starting on 09/08/2021.
Internally, the property features:
Three large double bedrooms (potential for four)
Two spacious reception rooms
Generous kitchen
Ground floor bathroom
Separate WC on the first floor
This versatile layout is ideal for continued use as a family rental or potential reinstatement as a licensed HMO (subject to permissions).
Positioned with easy access to Burslem, Tunstall and Hanley, the property is ideal for tenants working locally or commuting via the nearby A500 and A50 road links. Excellent public transport options and amenities are within walking distance, making it a highly lettable location.
This property is for sale by Wards Property, powered by iamsold Ltd.
Starting bid and reservation fee apply.
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains
Accessibility measures: Not suitable for wheelchair users
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £300.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Tenanted Property - 577 High Lane, Tunstall, Stoke-on-Trent ST6 7EP
Starting Price: £75,000
A spacious investment property with strong rental potential, located on a well-connected stretch of High Lane. Previously used as a 4-bedroom HMO, the property is currently configured as a large 3-bedroom home and is tenanted at £600.00 pcm, with the tenancy starting on 09/08/2021.
Internally, the property features:
Three large double bedrooms (potential for four)
Two spacious reception rooms
Generous kitchen
Ground floor bathroom
Separate WC on the first floor
This versatile layout is ideal for continued use as a family rental or potential reinstatement as a licensed HMO (subject to permissions).
Positioned with easy access to Burslem, Tunstall and Hanley, the property is ideal for tenants working locally or commuting via the nearby A500 and A50 road links. Excellent public transport options and amenities are within walking distance, making it a highly lettable location.
This property is for sale by Wards Property, powered by iamsold Ltd.
Starting bid and reservation fee apply.
Electricity supply: Mains
Heating: Gas Mains
Water supply: Mains
Sewerage: Mains
Accessibility measures: Not suitable for wheelchair users
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£342 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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