MapGuide price
£70,0002 bedroom terraced house for sale
Booth Street, Newcastle
Auction
Reduced
Terraced house
2 beds
1 bath
851 sq ft / 79 sq m
EPC rating: D
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
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Features and description
- Tenure: Freehold
- Modern Method of Auction: This property is being sold through auction, requiring completion within a 56-day "Reservation Period."
- Guide Price: Offered at an attractive guide price of £80,000, making it a competitive investment opportunity.
- Immediate Rental Income: Currently achieving a monthly rent of £595, delivering a solid 7.52% rental yield from day one.
- Pre-Let Investment: Fully tenanted with a reliable occupant, ensuring no void periods for the buyer.
- Buyer Information Pack: A comprehensive pack is available for £300 (including VAT) and must be reviewed before bidding.
- Reservation Fee: The winning bidder will pay a non-refundable fee of 4.50% of the purchase price, subject to a minimum of £6,600 (including VAT).
- Prime Location: Situated in Chesterton, Newcastle-under-Lyme, with proximity to amenities, schools, and excellent transport links, including the A34 and M6.
- Well-Maintained Property: Features include 2 spacious bedrooms, a modern kitchen, a functional bathroom, and a low-maintenance garden, minimizing immediate repair needs.
- Strong Growth Potential: Located in an area with ongoing property price appreciation, offering both rental returns and long-term capital growth.
- Convenient Auction Process: Personal data will be shared with iamsold Auctioneer; optional services may be recommended, with fees capped at £450.
Video tours
INVESTMENT OPPORTUNITY: Pre-let 2-bed terrace achieving £595 PCM (7.52% yield). FREEHOLD property in Chesterton offers IMMEDIATE RENTAL INCOME, low maintenance, and strong CAPITAL GROWTH potential. Close to town, schools, and transport links. Auction Guide Price: £80,000. Enquire now!
Modern Method Of Auction - 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.
A Prime Investment Opportunity - Auction Property with Strong Rental Yield Are you seeking an effortless investment with immediate returns? Look no further! 54 Booth Street, Chesterton, Newcastle-under-Lyme, is a well-maintained, pre-let residential terrace house that combines steady rental income with promising capital growth potential. Currently achieving a monthly rent of £595, this property boasts an impressive 7.52% rental yield—perfect for both seasoned and first-time investors.
Property Overview - Property Overview Location: 54 Booth Street, Chesterton, Newcastle-under-Lyme, Staffordshire, ST5 7PU Property
Type: Residential Terrace House
Tenure: Freehold Current
Rent: £595 per month
Guide Price: £80,000
Rental Yield: 7.52%
Why Invest In 54 Booth Street? - Immediate Rental Income: Fully tenanted with a reliable occupant, ensuring income from day one.
Strong Rental Yield: Achieving a return of 7.52%, this property outperforms many traditional investments.
Prime Location: Close to Newcastle-under-Lyme town centre, local amenities, schools, and excellent transport links, including the A34 and M6.
Capital Growth Potential: Benefit from steady property price increases in Chesterton and surrounding areas.
Low-Maintenance Investment: The property is well-kept, minimising the need for immediate repairs or renovations.
Property Features - 2 Spacious Bedrooms: Bright and ideal for small families or professionals.
Comfortable Living Area: Perfect for relaxation or entertaining.
Modern Kitchen: Equipped with contemporary appliances and ample storage.
Functional Bathroom: Clean and ready for use.
Outdoor Space: Low-maintenance garden for tenant convenience.
Location Highlights - Chesterton is a thriving and sought-after area in Newcastle-under-Lyme, offering the perfect blend of tranquility and convenience. Tenants benefit from: Proximity to shops, restaurants, and entertainment in Newcastle-under-Lyme town centre. Easy access to local schools, green spaces, and commuter routes (A34 and M6). A strong community atmosphere and ongoing demand for quality rental properties.
Conclusion - 54 Booth Street is a fantastic opportunity to secure a pre-let property with immediate income, strong rental returns, and long-term capital growth potential. Whether you’re expanding your portfolio or making your first investment, this property checks all the boxes for a smart and secure purchase.
Don’t miss out! Contact us today to learn more or arrange a viewing. This could be the investment opportunity you’ve been waiting for.
Modern Method Of Auction - 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.
A Prime Investment Opportunity - Auction Property with Strong Rental Yield Are you seeking an effortless investment with immediate returns? Look no further! 54 Booth Street, Chesterton, Newcastle-under-Lyme, is a well-maintained, pre-let residential terrace house that combines steady rental income with promising capital growth potential. Currently achieving a monthly rent of £595, this property boasts an impressive 7.52% rental yield—perfect for both seasoned and first-time investors.
Property Overview - Property Overview Location: 54 Booth Street, Chesterton, Newcastle-under-Lyme, Staffordshire, ST5 7PU Property
Type: Residential Terrace House
Tenure: Freehold Current
Rent: £595 per month
Guide Price: £80,000
Rental Yield: 7.52%
Why Invest In 54 Booth Street? - Immediate Rental Income: Fully tenanted with a reliable occupant, ensuring income from day one.
Strong Rental Yield: Achieving a return of 7.52%, this property outperforms many traditional investments.
Prime Location: Close to Newcastle-under-Lyme town centre, local amenities, schools, and excellent transport links, including the A34 and M6.
Capital Growth Potential: Benefit from steady property price increases in Chesterton and surrounding areas.
Low-Maintenance Investment: The property is well-kept, minimising the need for immediate repairs or renovations.
Property Features - 2 Spacious Bedrooms: Bright and ideal for small families or professionals.
Comfortable Living Area: Perfect for relaxation or entertaining.
Modern Kitchen: Equipped with contemporary appliances and ample storage.
Functional Bathroom: Clean and ready for use.
Outdoor Space: Low-maintenance garden for tenant convenience.
Location Highlights - Chesterton is a thriving and sought-after area in Newcastle-under-Lyme, offering the perfect blend of tranquility and convenience. Tenants benefit from: Proximity to shops, restaurants, and entertainment in Newcastle-under-Lyme town centre. Easy access to local schools, green spaces, and commuter routes (A34 and M6). A strong community atmosphere and ongoing demand for quality rental properties.
Conclusion - 54 Booth Street is a fantastic opportunity to secure a pre-let property with immediate income, strong rental returns, and long-term capital growth potential. Whether you’re expanding your portfolio or making your first investment, this property checks all the boxes for a smart and secure purchase.
Don’t miss out! Contact us today to learn more or arrange a viewing. This could be the investment opportunity you’ve been waiting for.
Property information from this agent
About this agent
Harry Harper Estate Agents are one of the very few award winning, family run, independent estate agents in South Wales. Taking pride in our awards to prove to you that we are as good as we say we are!