1 /20
£240,000
Stone Road, Stoke-on-trent, Staffordshire, ST4
- 5 beds
£240,000
- 5 beds
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Estimate monthly mortgage payment:
£1,096 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£12,000
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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!
Council Tax Band: A
EPC: D,C,C
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£1,096 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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