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"Are you looking for a lucrative investment opportunity? This 4 bedroom mid terraced property in the heart of Newcastle ST5 8BD is a partially converted HMO with potential for 6 separate bedrooms perfect for investors or landlords seeking a high yield project.
For sale by public auction at The Double Tree Hilton Hotel Stoke on Trent, ST1 5BQ on 2nd June 2025 at 6.30pm.

The property already benefits from key HMO features, with two reception rooms currently used as bedrooms, a downstairs shower room, and a well equipped kitchen with a separate utility area. The first floor offers three bedrooms and a family bathroom, while the second floor boasts a studio room complete with a living area, kitchenette, and an additional bathroom ideal for maximizing rental potential.

With a rear garden, a dedicated boiler room, and a layout that allows for further development, this property has the potential to generate excellent rental income. Whether you re an experienced investor or looking to break into the HMO market, this is a prime opportunity to add value and increase returns.

Don t miss out on this fantastic investment project! Book a viewing today and explore the potential that Albert Terrace has to offer.

For sale by public auction at The DoubleTree by Hilton, Etruria Hall Festival Way, Staffordshire, ST1 5BQ on Monday 14th April 2025 at 6.30pm. We also offer remote bidding via internet, telephone or proxy. To register to bid on this Lot, or to download the Legal Pack please see the Butters John Bee website or call the auction team direct.

Common Auction Conditions
This property is sold subject to our Common Auction Conditions a copy is available on request

Buyers Administration Fee
A buyer s administration fee of £1,800 inc VAT is applicable to this lot. The purchaser will pay the fee whether the property is bought before, at or following the auction date

Legal Pack
Purchasing a property at auction is a firm commitment that carries the same legal implications as a signed contract by private treaty. It is important that you consult with your legal adviser before bidding and also your accountant regarding the impact of VAT, if applicable, on the sale price. The legal pack can be viewed online via our website Legal packs can also be viewed at the selling office. These documents should be passed to your legal adviser as they will help you make an informed decision about the lot. If you need further legal information please contact the vendor s solicitor whose details will be in the auction catalogue. Remember that you buy subject to all documentation and terms of contract whether or not you have read them

Viewings
To view this lot, please contact the selling office

Bidding
Please contact our auction department direct on for further information or email . Further details are available in the catalogue
Addendum
Check the latest addendum at buttersjohnbee.com for any alterations or changes to the catalogue

Guide Price
An indication of the seller s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price reserve would fall, or as a single price figure within 10% of which the minimum acceptable price reserve would fall. A guide price is different to a reserve price see separate definition . Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Reserve
The seller s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction

Proof of Identity
To comply with Money Laundering Regulations, on acceptance of an offer for purchase or letting, the buyer or prospective tenant will be required to provide identification to Butters John Bee. Where a property is due to go to auction, all bidders will be required to register prior to auction"