Low-price urban flat ideal for investors or cash buyers seeking quick purchase.
Ground-floor one-bedroom apartment, approx 318 sq ft
Guide price £29,000 — sold via online auction, buyer’s fees apply
Service charge c. £1,200 pa; bills included in service charge
Allocated off-street parking space
Open-plan living/kitchen; integrated electric hob and oven
Exterior paint issues and a window needing repair
Leasehold tenure; read legal pack for disbursements and covenants
Located in Hanley town centre, close to transport and amenities
A compact one-bedroom ground-floor apartment in Hanley, offered at auction with a low guide price that will interest cash buyers and investors. The open-plan living/kitchen layout and integrated appliances make for efficient, low-maintenance living; council tax is very cheap and an EPC rating of C is acceptable for lettings.
Practical benefits include an allocated off-street parking space and mains gas central heating run via a community scheme. The service charge (around £1,200 pa) covers bills, which simplifies budgeting but is a material ongoing cost to consider. The flat totals about 318 sq ft and suits a single occupant or a rental let rather than a family home.
Important negatives are clear: this is a leasehold apartment sold at auction, with buyer’s fees and an administration fee payable on exchange — read the legal pack carefully. The building shows external paint issues and at least one window requires repair. The local area is classed as very deprived, which can affect long-term demand and resale values.
Viewings are by scheduled open-house slots before the online auction; buyers must be prepared to pay the required deposit and fees immediately if successful. This property is best for experienced auction buyers seeking an affordable entry into Hanley rental stock or a small refurbishment project for resale.
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