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Residential Investment Premises, 24 Richmond Terrace, Shelton, Stoke on Trent, ST1 4ND

1,282 Sq Ft / Other / Residential

Withdrawn - Last updated: 18 April 2023

A large Victorian corner terrace, comprising three deceptively spacious one bedroom flats together with a shared yard area to the rear for the ground floor flats. The property has recently undergone a schedule of refurbishment and is newly decorated and insulated and with new kitchens. The flats have been left empty to allow the new buyer to choose their own tenants.

The ground floor flats briefly comprise a lounge, kitchen bedroom and shower room or bathroom. The larger first floor flat comprises a lounge, kitchen, utility room, lounge, bedroom, bathroom and separate WC. There is potential to rent both the bedroom and lounge out as separate room in order to increase the potential income. All units benefit from double glazed windows, gas fired central heating and a shared yard to the rear.

Location

The property is located on Richmond Terrace just off Wellesley Street and is walking distance to all amenities in the centre of Hanley. Bus stops on Snow Hill are 250 metres away and Hanley Park is at the end of Wellesley Street providing green open space to residents.

Accommodation

Flat A (Ground Floor)

Lounge - 166 sq ft

Bedroom - 74 sq ft

Kitchen - 68 sq ft

Shower room - 23 sq ft

Total NIA - 331 sq ft

Flat B (Ground Floor)

Lounge - 165 sq ft

Bedroom - 82 sq ft

Kitchen - 49 sq ft

Bathroom - 37 sq ft

Total NIA - 333 sq ft

Flat C (First Floor)

Lounge - 220 sq ft

Bedroom - 182 sq ft

Kitchen - 91 sq ft

Bathroom - 79 sq ft

Utility - 46 sq ft

WC

Total NIA - 618 sq ft

OVERALL TOTAL NIA - 1,282 sq ft

Terms

SERVICES - All mains’ services are connected and independently metered. Gas fired central heating is installed in all flats. No services have been tested by the agents.

VAT - The sale price is not subject to VAT.

EPC:

Flat A Band D (65)
Flat B Band D (58)
Flat C Band D (60)

COUNCIL TAX:

Flat A Council Tax: Band A
Flat B Council Tax: Band A
Flat C Council Tax: Band A

TENURE - Available freehold, subject to contract.

PRICE - £XXX

ANTI MONEY LAUNDERING REGULATIONS - In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.

Specification

  • Refurbished residential investment premises
  • Three x 1 bedroom flats with communal entrance
  • Anticipated gross income: £XXXpa
  • Close to University and within walking distance to Hanley City Centre and Smithfield


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