Period terraced building with conversion potential, sold at online auction — buyers’ fees apply..
Freehold mid-terrace building, approx. 737 sq ft (two storeys).
A central two-storey mid-terrace property currently used as offices, offered at online auction with clear conversion potential to residential or continued commercial use. The building retains period features—arched brickwork, a bay-style window and high ceilings—that give character and scope for a tasteful refurbishment. Its location on King Street provides direct access to the A500 and nearby M6 junctions, useful for commuting or servicing tenants.
This freehold lot (approx. 737 sq ft) suits an investor or developer comfortable with auction purchase procedures. The property requires internal improvement and possible reconnection or testing of mains services; walls are solid brick and likely uninsulated, and the EPC is rated F. Buyers should allow for refurbishment costs, planning enquiries and any conversion works to achieve residential compliance.
Important transactional details: the sale is by online auction with a guide price of £60,000–£85,000. An administration fee and buyer’s premium of £1,800 (inc. VAT) are payable on exchange, plus any legal disbursements set out in the legal pack. Interested parties must carry out their own due diligence, check local authority planning, and note that the area records higher crime and notable deprivation indices.
For a cash buyer or investor prepared to take on a renovation/repurpose project, this terraced property represents a low-entry opportunity in Newcastle-under-Lyme with good road links and clear upside after conversion or refurbishment.
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