4 Bedroom House of Multiple Occupancy
Fully Tenanted with an annual Income of £23,952

Description - This 4 bedroom HMO is a fully furnished investment opportunity in great condition, with an income of £23,952 per annum, the property is fully let to young professionals.
A full breakdown of income/outgoings is available on request.
This property is available as part of a wider portfolio sale with a guide price of £1,200,000

Location - Located within Hartshill, this property offers a number of local amenities and shops nearby, the local Co op Food (0.2 miles), Royal Stoke Hospital (0.7 Miles) and Newcastle-Under-Lyme School (0.7 Miles). The property also offers easy access through the surrounding areas, just 0.2 miles from the nearest bus stop, taking passengers to Newcastle-Under-Lyme, Stoke, Hanley, Longton, and onwards, as well as easy access by car from the A500 just 0.9 miles away.
The property is also located near a number of large employers such as Bet 365, a number of retail premises in Festival Park, The Royal Stoke University Hospital and JCB.

Accommodation. - The property measures approximately 106 sq. m and comprises;

4 x individually let bedrooms.

2 x ensuite WC

1 x Kitchen / living room.

2 x communal bathrooms.

The property also has a landlord operated Thermostat / heating controls.

The property produces a total of £23,952 per annum from all tenancies, a breakdown is available on request.
Opportunities to increase rent will be available as long term tenants move out.

There are coin operated washers and driers in the property that bring in a separate income of approximately £400 Pa

Any sizes / measurements quoted by BJB are correct to the best of our knowledge, however we would recommended all interest parties carry out their own checks before relying on any information provided.

Local Council - The site is located in the Council district of Stoke on Trent

Tenure. - Freehold - Subject to any existing Tenancies

Council Tax & Epc - The current Council Tax Band for the property is B
The property has a current EPC rating of D and is valid until 28 December 2031
The client informs us that there have been a number of improvements since the last EPC, including double glazed window replacement.

Informal Tender - Initial Expressions of Interest are invited. The properties will be offered via Informal Tender on a date to be agreed. Please register you interest for further details.