Regent House Outclough Road, Stoke-On-Trent, Staffordshire, ST8 7QH

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 6Material 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 tenanc…

From the Auction House West Midlands listing. Read the full listing and legal pack →