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Newton Street, Stoke-on-Trent, Staffordshire

£299,950
5
6
For Sale

Property Features

  • 6 bed HMO
  • 5 bathrooms
  • Fully licensed
  • Recently Refurbished
  • Furniture Pack Included
  • Freehold
  • Professional tenants

Full Details

Introducing this impressively refurbished, prominent semi-detached property in Stoke-on-Trent, available for just £289,950. Boasting 6 bedrooms and 5 bathrooms, this licensed HMO is ideally located just 1.5 miles from the Royal Stoke Hospital.

Generating an annual rent of £29,100, this property yields an impressive 10% per annum. Please note, that the single room in the property is currently between tenancies, in the normal course of business, but will be imminently let.

The vendor has invested £50,000 in transforming the property into an HMO, which included the addition of 3 en-suite bathrooms, a new kitchen, bathroom renovations, general refurbishments, and upgrades to meet HMO standards. Additionally, a £6,000 furniture pack is included with the house. The property is fully licensed and professionally managed.
Council tax band: C

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