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This property was removed from Dealsourcr.

5 Bed HMO, Stoke-on-Trent, ST1 6HX £230,000

25 Abbotts Drive, Sneyd Green, Stoke-On-Trent, ST1 6HX - 57 views - 2 years ago
  1. Deal Search
  2. Stoke-on-trent
  3. ST1
  4. ST1 6HX
HMO
Outside Article 4
ROI: 1%
~178 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

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Property History

Price changed to £230,000

December 4, 2024

Listed for £299,950

December 11, 2023

Description

  • A Convenience Store And... +
  • A Five Bedroom HMO +
  • Main Services Connected +
  • GF Wc +
  • FF Shower Room And... +
  • FF Bathroom With White Suite +

A packaged up mixed use investment opportunity! If you’re looking for an immediate return on your turnkey investment then this opportunity can offer a very good income.

Currently a convenience store on the ground floor with 5 year open lease agreement which yields £850pcm, there is a 5 bedroom HMO above with a 6 month company let yielding £1,200pcm. A gross return of £24,600pa.

Available freehold, subject to contract and by way of a new full repairing and insuring lease for a term of five years to be agreed subject to rent reviews every five years and with each party bearing their own legal costs.

All mains services are connected.

Gas fired central heating installed to first floor apartment. No services have been tested by the agents.

Rateable value: £4,200 Rates Payable: £2,096 Note: If you qualify for small business rates relief, you will be entitled to a 100% reduction.

For more information call or e-mail us.

MATERIAL INFORMATION
Tenure – Freehold
Rateable value: £4,200 Rates Payable: £2,096

Shop - 18' 6'' x 14' 6'' (5.63m x 4.42m) - Tiled floor. Glass frontage.

Shop And Additional Room - 11' 0'' x 5' 11'' (3.35m x 1.80m) - Concrete floor. Shelving. Light and power.

Storage Room - 18' 6'' x 12' 4'' (5.63m x 3.76m) - Concrete floor. Shelving. Light and power. Fire escape.

Kitchen Area/Wc - 10' 4'' x 6' 9'' (3.15m x 2.06m) - Tiled floor. Sink. Light and power.

Hmo -

Lounge/Bedroom One - 12' 10'' x 10' 10'' (3.91m x 3.30m) - Fitted carpet. Radiator. UPVC double glazed window.

Kitchen - 10' 10'' x 10' 4'' (3.30m x 3.15m) - Tiled floor. Radiator. UPVC double glazed window. Gas boiler. Range of wall cupboards and base units with Integrated gas hob and oven.

Bedroom Two - 10' 10'' x 9' 1'' (3.30m x 2.77m) - Fitted carpet. Radiator. UPVC double glazed window.

Bedroom Three - 10' 10'' x 8' 1'' (3.30m x 2.46m) - Fitted carpet. Radiator. UPVC double glazed window.

Shower Room - 6' 11'' x 4' 1'' (2.11m x 1.24m) - Tiled flooring. Part tiled walls. Wash basin with corner shower. UPVC double glazed window.

Bathroom - 7' 3'' x 6' 5'' (2.21m x 1.95m) - Vinyl flooring. UPVC double glazed window. White suite consisting of a bath with shower over. Part tiled walls.

Bedroom Four - 15' 3'' x 6' 9'' (4.64m x 2.06m) - Fitted carpet. Radiator. Two UPVC double glazed windows.

Bedroom Five - 11' 7'' x 5' 9'' (3.53m x 1.75m) - Fitted carpet. Radiator. UPVC double glazed window.

Bedroom Six - 11' 8'' x 5' 9'' (3.55m x 1.75m) - Fitted carpet. Radiator. UPVC double glazed window.

Agent Details

Austerberry, Stoke-On-Trent & Staffordshire

01782 493897

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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