Booth Street, Chesterton, Newcastle Under Lyme, ST5

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 £300.00 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 4.50% 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.

A Prime Investment Opportunity: Auction Property with Strong Rental Yield
Are you seeking an effortless investment with immediate returns? Look no further! 54 Booth Street, Chesterton, Newcastle-under-Lyme, is a well-maintained, pre-let residential terrace house that combines steady rental income with promising capital growth potential. Currently achieving a monthly rent of £595, this property boasts an impressive 7.52% rental yield-perfect for both seasoned and first-time investors.

Property Overview
Location: 54 Booth Street, Chesterton, Newcastle-under-Lyme, Staffordshire, ST5 7PU
Property Type: Residential Terrace House
Tenure: Freehold
Current Rent: £595 per month
Guide Price: £80,000
Rental Yield: 7.52%
Why Invest in 54 Booth Street?
Immediate Rental Income: Fully tenanted with a reliable occupant, ensuring income from day one.
Strong Rental Yield: Achieving a return of 7.52%, this property outperforms many traditional investments.
Prime Location: Close to Newcastle-under-Lyme town centre, local amenities, schools, and excellent transport links, including the A34 and M6.
Capital Growth Potential: Benefit from steady property price increases in Chesterton and surrounding areas.
Low-Maintenance Investment: The property is well-kept, minimizing the need for immediate repairs or renovations.
Property Features
2 Spacious Bedrooms: Bright and ideal for small families or professionals.
Comfortable Living Area: Perfect for relaxation or entertaining.
Modern Kitchen: Equipped with contemporary appliances and ample storage.
Functional Bathroom: Clean and ready for use.
Outdoor Space: Low-maintenance garden for tenant convenience.
Location Highlights
Chesterton is a thriving and sought-after area in Newcastle-under-Lyme, offering the perfect blend of tranquility and convenience. Tenants benefit from:

Proximity to shops, restaurants, and entertainment in Newcastle-under-Lyme town centre.
Easy access to local schools, green spaces, and commuter routes (A34 and M6).
A strong community atmosphere and ongoing demand for quality rental properties.
Conclusion
54 Booth Street is a fantastic opportunity to secure a pre-let property with immediate income, strong rental returns, and long-term capital growth potential. Whether you're expanding your portfolio or making your first investment, this property checks all the boxes for a smart and secure purchase.

Don't miss out! Contact us today to learn more or arrange a viewing. This could be the investment opportunity you've been waiting for.



Council Tax Band: A
Tenure: Freehold
Garden details: Enclosed Garden, Terrace