2 bedroom flat for sale

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2 bedroom flat for sale

Federation Road, Stoke-On-Trent, Staffordshire, ST6
£55,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Stoke-on-Trent is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, lounge, kitchen, bathroom, and shared private driveway. Currently, it generates an annual gross income of £5,700 with tenants already situated, and considering the purchase price and potential rental income in future years, it's a worthwhile addition to an investor's portfolio. The current tenants have been living in the property for several years, have consistently paid their rent, and have no intention of moving out, providing a stable and predictable income stream.