2 bedroom terraced house for sale

>

2 bedroom terraced house for sale

Cauldon Road, ST4 2BS
£115,000

Our Summary

  • An excellent investment opportunity in a sought-after area of Stoke-on-Trent, this freehold two-bedroom terraced house is sold with tenants in situ, providing immediate rental income

Description

This freehold two-bedroom terraced house in Stoke-on-Trent is an excellent investment opportunity, with tenants already in situ, providing immediate rental income. The property generates a near 7% gross yield, making it an attractive choice for buy-to-let investors seeking a low-maintenance, income-producing asset. The property offers practical living space, with a spacious lounge, fitted kitchen, two well-proportioned bedrooms, and a family bathroom. Located near Staffordshire University, Stoke Railway Station, and local amenities, the property benefits from a prime rental location. With the city experiencing significant house price growth, investing in Stoke-on-Trent offers compelling advantages, including a resilient market and growing demand. The property is ready-made for investors looking to expand or diversify their portfolio, with a gross rent of £7,800 and a net income of £7,800, providing a gross yield of 6.78% and net yield of 6.78%.