Summary - APARTMENT 5, GRAFTON COURT, SYTCHMILL WAY ST6 4GD
2 bed 1 bath Apartment
Vacant buy-to-let near hospital and university, ready for modest upgrades.
Two-bedroom second-floor apartment, approximately 614 sq ft
This second-floor, two-bedroom apartment offers a compact 614 sq ft layout and allocated off-street parking — a straightforward addition for a buy-to-let portfolio or investor seeking a value purchase. The building is modern (constructed 2007–2011) with double glazing and a B EPC rating, and the property is being sold vacant which simplifies re-letting or re-marketing.
Location is a practical draw for rental demand: close to Royal Stoke University Hospital, Keele University and Bet365, with potential rental income around £700 pcm (estimate only). The kitchen and general interior show light wear and would benefit from modest updating to maximise rent or resale value.
Important sale details materially affect cost and timing: the lot is offered at online auction with a guide price of £45,000, immediate buyer deposit obligations, and purchaser fees of £1,800 (plus any listed disbursements). Tenure is leasehold — check the legal pack for ground rent, service charges and lease length before bidding.
Buyers should also weigh location and risk factors: the area is classified as very deprived with high recorded crime levels, which can affect tenant pool and long-term capital growth. This is a practical, lower-entry investment with clear upside if refurbished and managed correctly, but it requires careful due diligence on tenure and running costs.
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