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5 bedroom apartment for sale
Stone Road, Stoke-on-Trent, Staffordshire
£240,000
Stone Road, Stoke-on-Trent, Staffordshire
£240,000
Our Summary
- 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
- 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
- Book your viewing today to witness the potential of this investment in person
Description
This investment opportunity in Stoke on Trent presents a portfolio of three flats, sold as a ready-made rental investment with Freehold included. The property comprises a ground floor flat with two bedrooms, two bathrooms, a garage, and a garden, currently rented at £650 per month, a first floor flat with two bedrooms and one bathroom, rented at £600 per month, and a top floor flat with one bedroom and one bathroom, rented at £500 per month. With a total rental income of £1,750 per month, this investment promises an impressive 8.75% rental yield. The property is situated in the popular Handford area, offering easy access to Hanley and Trentham, as well as local amenities, schools, and transport links. With a total size of 2138 sqft, the property provides spacious living accommodations for tenants. This investment opportunity is ideal for new buy-to-let landlords or savvy property investors looking to expand their portfolio.