Situation: The property is situated on a prominent plot on Outclough Road, Brinley, well positioned for access to both Stoke and Biddulph. The surrounding towns and cities are within easy reach, and Manchester is also within reasonable distance. Description: A detached property offering the opportunity for developers and investors, occupying a good sized plot in this residential area. The property is currently configured as 6 self contained flats, with two being let and believed to be generating circa £700pcm. The property offers scope for improvement within the empty flats, and the potential (subject to planning permission being obtained) to extend and create more units. In the current configuration there is the potential to generate over £25,000 per annum, it offers an extremely attractive proposition given the strong rental demand in the area. Accommodation Ground Floor Flat 1 Flat 2 Flat 3 First Floor Flat 4 Flat 5 Flat 6 Material Information Tenure: The lot is made up of 6 leasehold titles - all on a term of 999 years from 9 May 2008. All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack. Council Tax: The property falls within Stoke-on-trent Council – BAND A Possession: Flat 1 - Vacant Flat 2 - Subject to existing tenancy agreement Flat 3 Vacant Flat 4 - Subject to existing tenancy agreement Flat 5 - Vacant Flat 6 - Vacant Viewing: Strictly by appointment with Auction House. Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities. NB: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order. The buyer is advised to obtain verification from their Solicitor/Surveyor. These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract. Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom. All measurements, areas and distances are approximate only. Potential purchasers are advised to check them. 09/05/2008 999 years (982 years unexpired) C Non-refundable £3,600 inc VAT payable on the fall of the virtual gavel. Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Auction House Lincolnshire, North Notts & South Yorks
