Potential 4-Bed HMO, Stoke-on-Trent, ST3 1DR, £129,995

14 Smith Street, Longton, Stoke-On-Trent, ST3 1DR - 28 views - 2 months ago

HMO
ROI: 16%
88 m²
+7 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£32,499

Stamp Duty & Legal Fees

£5,100

Total Cash In

£37,599

 

 

Cash Out

 

Room Rate

£416

Gross Rent

£1,664

Running Costs/mo

£1,173

Cashflow/mo

£491

Cashflow/yr

£5,893

ROI

16%

Gross Yield

15%













Property History

Listed for £129,995

February 13, 2025

Floor Plans

Description

  • Watch Our Online Video Tour! +
  • Spacious Terraced House +
  • Two Reception Rooms +
  • Fitted Kitchen +
  • White Bathroom Suite +
  • Three/Four Bedrooms +
  • Suitable for HMO due to Two Access Doors +
  • Combi Boiler & UPVC Double Glazing +

A deceptive and spacious terraced house which also has the provisions to become a house of multiple occupancy!

This modernised property in Smith Street is ready for immediate occupation whether you are a first time buyer or owner occupier but will also be an attractive proposition to investors and landlords.

The ground floor features two reception rooms, a lengthy kitchen and the bathroom, while the first floor sees three sensibly-sized bedrooms.

This property was previously let as an HMO as it can be utilised as four bedrooms! There are two access doors on the ground floor meaning the front reception room could also be used as a double bedroom.

The property is well equipped with UPVC double glazed windows throughout, and gas central heating from a combi boiler.

Our video tour offers further detail and we would be delighted to show you around! For more information please contact us.

MATERIAL INFORMATION

Tenure - Freehold

Council Tax Band - A

EPC rating - C

Gas safety certificate to 8th of January 2026

Electrical safety certificate to the 5th of September 2029

Ground Floor -

Front Reception/ Bedroom Four - 3.91m x 3.38m (12'10 x 11'01) - UPVC double glazed front door. UPVC double glazed window. Fitted carpet. Radiator. Could be used as a bedroom if operating as a HMO.

Second Reception Room - 3.94m x 3.84m (12'11 x 12'07) - UPVC double glazed window. Fitted carpet. Radiator. Store cupboard.

Kitchen - 4.90m x 1.96m (16'01 x 6'05) - UPVC double glazed rear door. UPVC double glazed window. Vinyl flooring. Radiator. Range of wall cupboards and base units with integrated electric oven and hob.

Rear Hall - Utility space. Storage area. Gas combi boiler.

Bathroom - 2.06m x 1.83m (6'09 x 6'0) - UPVC double glazed window. Vinyl flooring. Radiator. W/C, wash basin and bath with overhead shower. Tiled walls

First Floor -

Landing - Fitted stair and landing carpet.

Bedroom One - 3.89m x 3.38m (12'09 x 11'01) - UPVC double glazed window. Fitted carpet. Radiator.

Bedroom Two - 3.86m max 2.92mmin x 1.80m (12'08 max 9'07min x 5' - UPVC double glazed window. Fitted carpet. Radiator. Storage area.

Bedroom Three - 3.84m x 3.02m (12'07 x 9'11) - UPVC double glazed window. Fitted carpet. Radiator. Storage area.

Outside - To the rear of the property there is a paved yard with storage area.
There is on street parking at the front of the property.

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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