Block of flats for sale in Stoke-on-Trent ST7, 10 Bedroom

Stoke-on-Trent, Stoke-on-Trent, UK

Quick Summary

Property Type:
Block of flats
Status:
For sale
Price
£ 600,000
Beds:
10
County
Staffordshire
Town
Stoke-on-Trent
Outcode
ST7
Location
Apartment 5, The Point, Crewe Road, Alsager, Staffordshire ST7
Marketed By:
Allsop LLP
Posted
2019-03-04
ST7 Rating:





More Info?
Please contact Allsop LLP on 020 3641 1750 or Request Details

Property Description

Lot 242 - This lot is for sale by auction as lot 242 on Thursday 25th October 2018.

Nine Leasehold Self-Contained Purpose Built Flats

- Seven Flats subject to Assured Shorthold Tenancies
- Two Flats Vacant
- To be offered Collectively
- Total Current Gross Rent Reserved

£48,300 per annum (equivalent) from seven flats with two flats vacant


By order of receivers


Tenure
Leasehold. Each flat will be held on a lease for a term of 155 years from and including 1st January 2008 (thus having approximately 145 years unexpired) at a current ground rent of £160 per annum.

Location
The properties are situated on Crewe Road (A5077), at its junction with Close Lane, midway between Alsager town centre and the M6 Motorway. Alsager Rail Station is approximately 1 mile to the east on Sandbach Road South (B5078), together with local amenities. Stoke-on-Trent city centre is to the south. The M6 Motorway is to the east.

Description
The property comprises nine self-contained flats situated within a purpose built block arranged over ground and three upper floors beneath a pitched roof. The flats will be offered collectively as one lot.

Accommodation and Tenancies
The properties were not internally inspected by Allsop. The information in the schedule of Accommodation and Tenancies set out below was obtained from the Vendor.

To View
Flats 20 and 32 will be open for viewing every Monday and Wednesday before the Auction between 1.30 – 2.00 p.M. These are open viewing times with no need to register. (Ref: Mw).

Seller’s Solicitor

Messrs Addleshaw Goddard llp (Ref: Nb).Tel: Email: Natalie.Bromley@addleshawgoddard.Com

Guide Prices. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller might be prepared to sell on the date on which the guide price, or range of prices, is published. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. All guide prices are quoted 'subject to contract'. The latest published guide price, or range of prices, are displayed on our website. The latest published guide, or range of prices, will normally be at or above any reserve price. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may fix the final reserve price just before bidding commences. If a guide price is listed as 'tba', it means that there is no guide price at present - please do not call our office. The guide price, or range of prices, will be published online immediately it becomes available at: Please check regularly for updates. Lots may be sold or withdrawn prior to auction.

Property Location

Marketed by Allsop LLP



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