4 Bedroom House of Multiple Occupancy
Fully Tenanted with an annual Income of £24,468
Description - This 4 bedroom HMO is a fully furnished investment opportunity, with an income of approximately £24,468 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 - The property is located within Hartshill, with a number of local amenities and shops nearby, including; Co-op Food (0.1 miles), Royal Stoke Hospital (0.5 Miles) and Newcastle-Under-Lyme School (0.6 Miles). The prominent location of the property has resulted in easy access to the surrounding area, 0.1 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.
Accommodation. - The property measures approximately 98 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 £24,468 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
Informal Tender - Initial Expressions of Interest are invited. The site will be offered via Informal Tender on a date to be agreed. Please register you interest for further details.
Viewings - Due to the tenancies, viewings are not to take place on this property, for more details, please contact BJB Land & Development.
Council Tax & Epc - The current Council Tax band for the property is C
The property has a current EPC rating of D and is valid until 15 January 2032
The client informs us that there have been a number of improvements since the last EPC, including double glazed window replacement.