Property photos
Sold STC
Freehold
£370,000
6 bed terraced house for sale
London Road, Newcastle-Under-Lyme, Staffordshire ST56 beds
6 baths
EPC rating: D
Key Information
Local area information
Property location
Nearby amenities
- Martec Training 0.1 miles
- Hassell Primary School 0.3 miles
- Stoke-on-Trent 1.6 miles
- Longport 2.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- 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%
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.
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.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
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Tours
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More information
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Listed by
The Asset Brokers LTD
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