Introducing this fantastic investment opportunity in Stoke on Trent: a portfolio of 3 flats being sold as a ready-made rental investment with Freehold included.
The ground floor flat boasts 2 bedrooms, 2 bathrooms, a garage, and a garden, currently rented at £650pcm. The first floor flat features 2 bedrooms and 1 bathroom, rented at £600pcm. Lastly, the top floor flat offers 1 bedroom and 1 bathroom, rented at £500pcm. With a total rental income of £1750pcm, this investment promises an impressive 8.75% rental yield.
Situated in the popular area of Handford, this property offers easy access to Hanley and Trentham, as well as being in close proximity to local amenities, schools, and transport links. The total size of the property is 2138 sqft, providing spacious living accommodations for tenants.
This investment opportunity is ideal for new buy-to-let landlords looking to get on the investment property ladder, or savvy property investors looking to expand their portfolio. With the afore mentioned garage and garden for outside space, this property has everything a tenant could desire.
Don't miss out on this remarkable opportunity. Book your viewing today to witness the potential of this investment in person.
Leasehold: 107 years remaining Service Charge: N/A Ground Rent: £100 per annum (All above per apartment) Freehold is included with the sale
To arrange a viewing or for more information please call Leaders at your earliest convenience!
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Leaders - Crewe. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Leaders - Crewe for full details and further information.