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Guide price
£60,000

2 bedroom terraced house for sale

Machin Street, Stoke-On-Trent
Auction
Added today
Terraced house
2 beds
1 bath
872 sq ft / 81 sq m
EPC rating: D
Added today

Key information

TenureFreehold
Council taxBand A

Features and description

  • Tenure: Freehold
  • Modern Method of Auction: Property sold via auction with a 56 day completion period ("Reservation Period").
  • Affordable Starting Price: Starting at just £60,000, offering excellent value in a highly sought after area.
  • Vacant Possession: Ready for immediate occupancy or minor finishing touches to make it rental ready.
  • Recently Updated: Freshly repainted and fitted with new carpets, minimizing the need for further work.
  • Attractive Rental Yield: Estimated monthly rental income of £650.00, providing strong returns for investors.
  • Desirable Location: Situated in Tunstall, a popular area close to local amenities, schools, and transport links.
  • Investment Ready: Minimal work required to achieve full market readiness, ideal for landlords or first time investors.
  • Convenient Transport Links: Excellent access to the A500, M6, and public transport, appealing to tenants and commuters.
  • Buyer Information Pack: Available for £300 (including VAT) and must be reviewed before bidding
  • Reservation Fee: A non refundable fee of 4.50% of the purchase price, subject to a minimum of £6,600 (including VAT), reserves the property during the Reservation Period.

Video tours

INVESTOR OPPORTUNITY in Tunstall! Vacant 2-bed home with fresh paint & new carpets. EST. RENTAL YIELD £650/month. Auction with 56-day completion. STARTING PRICE: £60,000. Desirable location near amenities, schools, and transport links. Minimal work required—view the Buyer Info Pack & act fast!

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.

Vacant Property – 60 Machin Street, Tunstall, Stoke-on-Trent
Starting Price: £60,000

A fantastic opportunity for investors and landlords! This two-bedroom property, located in the heart of Tunstall, Stoke-on-Trent, has been recently repainted and fitted with new carpets, making it even closer to being rental-ready. With an estimated rental income of £650.00 per month, this property is an excellent option for those seeking a high-yield investment.

The property’s updates ensure minimal work is required to achieve full market readiness, and with a starting price of just £60,000, this represents incredible value in a highly sought-after area.

Key Features - Vacant possession: Ready for immediate occupancy or minor finishing touches.

Recently updated: Freshly repainted and fitted with new carpets throughout, enhancing its appeal to prospective tenants.

Attractive rental yield: Estimated at £650.00 per month, offering excellent returns.

Desirable location: Situated in Tunstall, popular area with strong rental demand due to its proximity to local amenities, schools, and transport links.

Investment-ready: Minimal work required to bring the property to a fully rentable standard.

Competitive pricing: Starting price of just £60,000, providing excellent affordability.

Location Highlights: Conveniently located near Tunstall town centre, offering supermarkets, cafes, and retail shops. Excellent transport links, including nearby bus routes and easy access to the A500 and M6, ideal for commuters. Close to schools, parks, and amenities, making it a desirable location for families and professionals.

Additional Investment Potential: With recent updates, this property is ideal for landlords seeking a low-maintenance investment. Further minor improvements or furnishings could enhance its rental value even further, ensuring strong tenant interest.

Auction Details: Don’t miss the opportunity to secure this fantastic investment property. Whether you’re expanding your portfolio or looking for your first rental property, this recently updated home is the perfect choice.

Property information from this agent

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About this agent

Harry Harper Sales & Lettings - Cardiff
Harry Harper Sales & Lettings - Cardiff
85 Cathays Terrace Cathays, Cardiff CF24 4HT
029 2227 1057
Full profileProperty listings
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!
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