55 High Street, Silverdale, Newcastle, Staffordshire, ST5 6LY
- PROPERTY TYPE
Residential Development
- SIZE
700 sq ft
65 sq m
Key features
- Plans to convert to residential
Description
Registration is now open, bidding opens on 29th of August 2024 at 18:00 and ends on 29th of August 2024 at 20:55.
*investment opportunity** We are pleased to offer a unique property with significant potential for both commercial use and residential conversion in Stoke on Trent.
Description
TO BE SOLD UNDER AUCTION TERMS ON 25th July 2024 UNLESS SOLD PRIOR UNDER AUCTION TERMS
Planning approval Granted ref 23/00971/COUNOT
55 High Street, Silverdale, Newcastle-Under-Lyme, ST5 6LY
This is a unique property with significant potential for both commercial use and residential conversion. Its strategic location, coupled with the current planning application for an HMO, makes it an excellent prospect for property investors looking to expand their portfolio in a promising market. Don't miss this opportunity to invest in a versatile property with substantial growth and income potential.
Should the application be approved, once converted and fully let, you should be looking to achieve in the region of £18,000 - £20,000PA.
Investing in Silverdale, Newcastle-Under-Lyme, offers a unique opportunity to capitalize on a location that combines the tranquility of village life with the economic vibrancy of a nearby urban center. Its strategic location, robust rental market, and potential for capital appreciation make Silverdale a highly attractive prospect for property investors. Whether you're looking to invest in residential or commercial properties, Silverdale provides a compelling environment for growth and profitability.
45 Victoria Street Newcastle ST5 6PP - Sold - 11/09/2023 - £172,000
54 High Street Newcastle ST5 6NG - Sold - 07/02/2021 - £164,000
5 The Rookery Newcastle ST5 6NA - Sold - 31/08/2021 - £130,000
Tenure
Freehold
Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information.
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a £3,000 + VAT buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.
Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
Brochures
Legal DocumentsOnline Bidding55 High Street, Silverdale, Newcastle, Staffordshire, ST5 6LY
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Longport Station2.8 miles
- Stoke-on-Trent Station3.6 miles
- Kidsgrove Station5.0 miles
About the agent
Town & Country Property Auctions, Crewe
14 Mallard Court Mallard Way, Crewe, CW1 6ZQ
Our Expertise
Operating Nationwide our team of property auction experts have
years of experience. Our professional and enthusiastic approach
utilises contemporary software combined with longstanding
contacts makes us leaders within the industry.
Our History
Town & Country can trace their history back to the early building societies of the nineteenth century, and more latterly the Town & Country Building Society which was formed in 1974.
Town & Country
Notes
Disclaimer - Property reference 256192. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Town & Country Property Auctions, Crewe. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Town & Country Property Auctions, Crewe on 03301 654109.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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