Summary - 118 19 Gresty Street, Stoke-On-Trent, Staffordshire, ST4 7HR ST4 7HR
2 bed 1 bath Terraced
Let at £500 pcm, strong central location for buy-to-let investors.
Freehold mid-terrace, two bedrooms, one bathroom
A compact two-bedroom mid-terrace with period character offered as a straightforward investment. Currently let at £500 pcm (£6,000 pa), the property produces a quoted 6.3% gross yield against the guide price of £95,000 and is sold freehold by online auction. The sale is unconditional on exchange; bidders should review the legal pack and note buyer fees, deposit and the 28-day completion requirement.
The house retains Edwardian exterior details and internal period mouldings but is described as needing modernization. The auctioneer has not carried out an internal inspection, so buyers should allow for unseen repairs, renovation costs and potential compliance works when budgeting. There is no flood risk and council tax is very cheap.
Situated close to Stoke town centre with local bars, pubs and leisure facilities nearby, the location suits buy-to-let investors seeking a city-centre tenancy. Neighbourhood schools are mixed in Ofsted results; transport and broadband are good. The plot is small and the living space is modest, so the property is best suited to investors or buyers prepared to renovate for improved rent or resale value.
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