5 Bed HMO, Stoke-on-Trent, ST4 6EX, £350,000

Claridge Road, Hartshill, Stoke-on-Trent, ST4 6EX - a month ago

Sold STC
HMO
ROI: 1%
~178 m²
+11 photos

ValuationUndervalued

Sold Prices£175K - £540K
Sold Prices/m²£1.3K/m² - £3.5K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2K/m²

Value Estimate

£398,861
BMV14%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£26,200

Total Cash In

£113,700

 

 

Cash Out

 

Room Rate

£451

Gross Rent

£2,255

Running Costs/mo

£2,144

Cashflow/mo

£111

Cashflow/yr

£1,329

ROI

1%

Gross Yield

8%

Local Sold Prices

23 sold prices from £175K to £540K, average is £405K. £1.3K/m² to £3.5K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£445K12/230.34 mi9, Newton Street, Stoke-on-trent ST4 6JN5
£400K11/200.51 mi23, Sandy Lane, Newcastle, Staffordshire ST5 0LX5
£250K07/210.77 miThe Bungalow, The Uplands, Newcastle, Staffordshire ST5 0TS5
£250K09/230.82 mi1, Tansy Way, Newcastle, Staffordshire ST5 3FD5
£415K11/200.83 mi1, Thomas Ward Place, Stoke-on-trent ST4 7LW5
£250K02/211.09 mi102, Godwin Way, Stoke-on-trent ST4 6JS5
£515K01/211.16 mi4, Chantry Road, Newcastle, Staffordshire ST5 2EU5
£500K08/231.18 mi67, James Street, Stoke-on-trent ST4 5HR5
£286K04/211.21 mi17, Eleanor Crescent, Newcastle, Staffordshire ST5 3SB5
£175K04/231.31 mi140, Boughey Road, Stoke-on-trent ST4 2BB5
£540K10/231.51 mi14, Sneyd Avenue, Newcastle, Staffordshire ST5 2PP5
£402.5K02/231.53 mi31, Woodland Avenue, Newcastle, Staffordshire ST5 8AZ5
£405K02/231.56 mi66, Sneyd Avenue, Newcastle, Staffordshire ST5 2PY5
£325K06/211.56 mi68, Sneyd Avenue, Newcastle, Staffordshire ST5 2PY5
£393K06/231.57 mi44, Dartmouth Avenue, Newcastle, Staffordshire ST5 3NY5
£435K01/211.58 mi17, Park Avenue, Newcastle, Staffordshire ST5 8AX5
£475K05/211.67 mi11, Naples Drive, Newcastle, Staffordshire ST5 2QD5
£525K09/231.75 mi3, Whitehouse, Clayton, Newcastle, Staffordshire ST5 4FB5
£390K02/231.75 mi26, Waveney Grove, Newcastle, Staffordshire ST5 3PN5
£280K12/201.87 mi8, Como Place, Newcastle, Staffordshire ST5 2QN5
£435K06/211.91 mi10, Bluebell Drive, Newcastle, Staffordshire ST5 3UD5
£500K01/211.91 mi29, Bluebell Drive, Newcastle, Staffordshire ST5 3UD5
£475K10/231.94 mi16, The Squirrels, Newcastle, Staffordshire ST5 4HZ5

Local Area Statistics

Population in ST4

56,870

Population in Stoke-on-Trent

347,755

Town centre distance

2.84 miles away

Nearest school

0.20 miles away

Nearest train station

1.18 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

+8%

Sales demand

Seller's market

Capital growth (5yrs)

+23%

Property History

Listed for £350,000

March 4, 2025

Floor Plans

Description

  • TURN KEY INVESTMENT PROSPECT +
  • FANTASTIC 11% YIELD +
  • £37,500 PER ANNUM INCOME +
  • FIVE BEDROOM DETACHED HMO +
  • PERFECT LOCATION NEAR TO ROYAL STOKE UNIVERSITY HOSPITAL +
  • OPEN PLAN SPACIOUS LOUNGE +
  • LARGE OPEN PLAN KITCHEN +
  • LAUNDRY ROOM +
  • FULLY OCCUPIED WITH WAITING LIST +
  • NO UPWARD CHAIN +

HAVE YOU BEEN WAITING ON THAT PERFECT INVESTMENT OPPORTUNITY?  Well, guess what, we have found just what you are looking for.  We present this FANTASTIC five bedroom detached house of multiple occupation.  This place boasts a healthy 11% yield, which around £37,500 per year.  Whilst the banks are reducing their interest rates, the only place for this one to go is UP!  Situated within a very short distance to ROYAL STOKE UNIVERSITY HOSPITAL, the current owner never has any issue in filling the rooms.  It is presented in in immaculate style too.  The perfect place for any professional to call home.

All bedrooms are ensuite, and there is a large living space, with a great sized open plan kitchen.  That is not to mention the Laundry room and grand entrance hall.  There is even a garden and garage to the rear.

This TURN KEY INVESTMENT will not sit around for long, contact Samuel Makepeace Bespoke Estate Agents today to boook your viewing.

Room Details Ground Floor Entrance Hall Intercom & key code entrance, double glazed doors, boiler cupboard Ensuite Bedroom One Double glazed window, radiator, ensuite shower room Ensuite Bedroom Two Double glazed window, radiator, ensuite shower room Open-Plan Living Room Double glazed window, radiator Open-Plan Kitchen Double glazed rear door, double glazed window, a range of wall and base cupboard units, work surfaces, cooking facilities Laundry Room Double glazed window, work surface, washing machine First Floor Bedroom Three Double glazed window, radiator Ensuite to Bedroom Three Double glazed window, shower, hand wash basin, low level wc Ensuite Bedroom Four Double glazed window, radiator, ensuite shower room Ensuite Bedroom Five Double glazed window, radiator, ensuite shower room Exterior Front Garden Forecourt garden Rear Garden Patio area Detached Garage

Parking Availability: Yes.

Agent Details

Samuel Makepeace Estate Agents, Stoke-on-Trent

01782 890765

Next Steps?

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

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