>
4 bed terraced house
Broad Street, Stoke-On-Trent, 2 ST5
£270,000
Broad Street, Stoke-On-Trent, 2 ST5
£270,000
Our Summary
- •Rental Yield: Will calculate and include (gross and potential
Description
This is a 4-bedroom HMO (House in Multiple Occupation) located in a desirable area, perfect for students and young professionals attending Keele University, Staffordshire University, or working at the Royal Stoke Hospital. The property features modern design, high-speed Wi-Fi, and private ensuites in each bedroom. The current rent is £27,360 per annum, with a gross annual income of £28,188 and a gross rental yield of 10.44%. The net ROI is 7.62% after accounting for management fees and estimated maintenance costs. The property is being sold off-market for £270,000, with an estimated stamp duty of £11,600. The seller has set the price, and Red Panda Homes is honouring the seller's value for this property.