Ground-floor two-bedroom apartment with gated parking — ideal buy-to-let close to Royal Stoke Hospital.
Ground-floor two-bedroom apartment, 531 sq ft
A compact ground-floor two-bedroom apartment in a purpose-built block, offered at auction and well placed for Royal Stoke Hospital, the A500 and city amenities. The property has a generous open-plan living/dining room, separate modern kitchen and allocated off-street parking accessed via secure electric gating — practical features for lettings or first-time buyers seeking convenience.
This flat is a straightforward investment: 531 sq ft, double-glazed, gas central heating and a long lease (approx. 129 years). Communal grounds are modest and maintenance appears economical; council tax is very low and broadband speeds are fast, supporting easy renting or comfortable city living for a couple or single occupant.
Buyers must note this sale is by Modern Auction and subject to a reserve price. Successful bidders pay a non-refundable reservation fee of 4.5% of the purchase price (minimum £6,600) in addition to the price, and a Buyer Information Pack fee applies. The property is leasehold with a small ground rent (£170) — factor these costs into affordability or yield calculations.
The apartment’s compact footprint and modest communal exterior suit budget-conscious purchasers and landlords rather than families needing larger, private outdoor space. Viewings and careful pre-bid mortgage checks are recommended given the auction timetable and fees.