Potential 4-Bed HMO, Stoke-on-Trent, ST4 3EJ, £125,000

King Street, Fenton, Stoke-on-Trent, ST4 3EJ - 18 views - 3 months ago

Sold STC
HMO
ROI: 22%
~93 m²
+4 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Total Cash In

£36,200

 

 

Cash Out

 

Room Rate

£468

Gross Rent

£1,872

Running Costs/mo

£1,202

Cashflow/mo

£670

Cashflow/yr

£8,040

ROI

22%

Gross Yield

18%













Property History

Listed for £125,000

December 26, 2024

Sold for £61,000

2011

Sold for £24,950

1999

Floor Plans

Description

  • NO CHAIN +
  • Potential room let or HMO with EPC rating 'C' +
  • First floor bathroom +
  • Three double bedrooms +
  • Entrance hallway +
  • Modern kitchen +
  • Spacious bathroom +
  • Two reception rooms +
  • Wide range of local amenities +
  • Double glazing & combi boiler +

BIGGER THAN YOU THINK - This may not look like a blue telephone box but I can assure you, this property is a real Tardis! From the front you may be fooled into thinking this is a typical terrace property. Only upon an internal inspection can you appreciate the size of the accommodation on offer which briefly comprises of; porch, entrance hallway, lounge, dining room/bedroom, fitted kitchen, landing, three bedrooms and a spacious family bathroom. To the rear of the property is a good size gated yard. NO CHAIN EPC rating: C. Tenure: Freehold,

Agent Details

Goodchilds, Stoke-On-Trent

01782 493666

Next Steps?

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