This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/5
£55,000
1 bedroom Flat for sale, Stafford Street, Stoke-on-Trent, Staffordshire, ST1
Features and Description
- Prime desirable location
- Excellent public transport links
- Well-regarded nearby schools
- Local amenities within walking distance
- Energy efficient EPC rating C
- Council tax band A
- Studio apartment layout
- Tenant in situ paying £500pcm
- Great investment potential
- Good overall condition
Introducing a distinctive flat, currently listed for sale and in a good condition. This unique property is equipped with a total of one kitchen, one bedroom, and a bathroom. It's worth noting that this particular flat is both a studio apartment and has a tenant in situ. This dual characteristic makes it exceptionally appealing to investors.
Situated in a highly desirable location, the property benefits from excellent public transport links and is in the vicinity of well-regarded schools. A host of local amenities are also within a short distance, bringing essential services closer to you.
The property is energy efficient with a respectable EPC rating of 'C' and falls under the council tax band 'A', assuring minimal tax liability. Please note that there are no reception rooms in the property. Overall, this flat presents a fantastic investment opportunity in a prime location – a truly attractive proposition.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Stafford Street, Stoke-on-Trent, Staffordshire, ST1
Additional Information
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Property refHAN250226
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Council TaxA
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Local authorityStoke on Trent City Council
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Reeds Rains Estate Agents Hanley
Reeds Rains Hanley
17 Piccadilly, Hanley, Stoke on Trent, ST1 1EN
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Borrowing £49,500 and repaying over 25 years with a 2.5% interest rate.
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Energy Efficiency Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs
Current
N/APotential
N/ACO2 Rating
Very energy efficient - lower running costs
Not energy efficient - higher running costs