Auction lot: two-bed terrace with refurbishment potential and rental upside near Hanley town centre..
Two-bedroom late-Victorian mid-terrace, freehold
A two-bedroom mid-terrace close to Hanley town centre offered for sale by modern auction. The property is freehold with gas central heating, double glazing and retained period features from its late-Victorian build. The small forecourt and enclosed paved rear yard provide low-maintenance outdoor space and rear pedestrian access.
This house requires selective internal updating and cosmetic refurbishment; services appear intact but the Energy Performance Certificate sits at Band E (46). It is being sold subject to a reserve price with buyer reservation fees payable on completion — suitable for a cash buyer or a buyer comfortable with auction conditions.
For investors the vendor states a potential rent of around £695 pcm after refurbishment, reflecting strong rental demand in this private-renting neighbourhood. Note the local area is classified as very deprived with average crime levels; practical refurbishments and good lettings management would be needed to maximise return.
Overall, the property offers clear short-term value for an investor or a hands-on purchaser prepared to renovate. The main positives are location, low running costs (Council Tax band A), and straightforward layout; the main drawbacks are the required updating, auction sale terms, and the local area’s socioeconomic challenges.
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