Summary - 1 GARFIELD STREET STOKE-ON-TRENT ST1 4LL
2 bed 1 bath End of Terrace
Immediate rental income with refurbishment potential near local amenities.
Tenanted at £450 pcm (£5,400 pa) providing immediate income
Guide-price yield ~10.8% based on the guide price
Freehold Victorian end-terrace with period features
Requires modernisation; single-glazed windows and dated interiors
Possible damp risk noted from exterior description; internal inspection advised
Located in a very deprived area with high local crime levels
Small plot and compact rooms; limited living space
Sold at online auction; strict unconditional terms, 10% deposit plus fees
This two-bedroom Victorian end-terrace is offered as an investment lot at online auction on 10 December 2025. Currently let at £450pcm (£5,400pa), the rent produces a guide-price yield of about 10.8% at the stated price. The property is freehold and sits close to local shops, bus stops and community amenities in Stoke-on-Trent.
The house is a compact, period-built terrace with single-glazed windows and clear signs it needs modernisation. Photographs and the description indicate potential damp and dated fixtures; the auctioneer has not carried out an internal inspection, so buyers should allow for unseen repair or upgrade costs. The plot is small and rooms are modest in size.
Practical advantages for an investor include a sitting tenant producing immediate income, fast broadband and excellent mobile signal, and proximity to several schools and local amenities. Material considerations include high local crime levels, very high area deprivation, likely maintenance/refurbishment needs, and the unconditional auction terms requiring a 10% deposit (minimum £5,000) plus buyers’ administration fees and completion within 28 days.
This lot will suit cash buyers or those comfortable with short-timeline auction purchases and refurbishment programmes. Treat the property as a value-add, require a full legal pack review, and arrange any inspections or specialist surveys before bidding.
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