Terraced house for sale in London Road, Newcastle-Under-Lyme, Staffordshire ST5

£370,000
Interested in this property? Call +44 151 382 9310 * or Request Details

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Terraced house for sale - 6 bedrooms

6 6 EPC Rating: D EPC Rating: D

Tenure:
Freehold
Domestic rates:
Not available

Property features

  • Excellent 6 Bed HMO
  • Prime Location to Royal Stoke Hospital
  • High Occupancy Levels
  • Developed To A High Standard in 2021
  • Gross Income - £43,000 pa
  • Gross Yield - 11.62%

Property description

The Asset Brokers are delighted to present this fantastic HMO opportunity to the market. Located in a prime position in Newcastle Under Lyme. Generating a gross income of £43,000 pa and a gross yield of 11.62%.

The property was developed in 2021 to a very high standard by local and reputable developers and has had excellent occupancy since.

Benefitting from 5 x studio rooms with en suites and kitchenettes, 1 further en suite room and a modern kitchen/diner.

The location of the property is a prime selling point due to being only 0.3 miles walk from The Royal Stoke Hospital and this is why the property has always performed very well with nhs tenants.

The property is currently well managed by a local managing agent, meaning a perfect hands off investment.

Full financials available on request - New EPC to follow.

Property info

Floorplan(s): 93%20London%20Road%20St5%201nd%20Ex%20And%20Prop%20Details%20A1%20(09%2008%202021)-Page-001

93%20London%20Road%20St5%201nd%20Ex%20And%20Prop%20Details%20A1%20(09%2008%202021)-Page-001 View original

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For more information about this property, please contact
The Asset Brokers LTD, L1 on +44 151 382 9310 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by The Asset Brokers LTD, and do not constitute property particulars. Please contact The Asset Brokers LTD for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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