4 bed terraced house

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4 bed terraced house

Broad Street, Stoke-On-Trent, 2 ST5
£270,000

Our Summary

  • •Rental Yield: Will calculate and include (gross and potential

Description

This 4-bedroom HMO property is being sold off-market for £270,000, with a gross annual rental income of £28,188. The property is located near Keele University, Staffordshire University, and the Royal Stoke Hospital, making it an ideal investment opportunity for students and young professionals. The property features modern design, high-speed Wi-Fi, and private ensuites in each bedroom. Currently, there are four tenants, with a total monthly rent of £27,360. The gross rental yield is 10.44%, and the net return on investment is 7.62% after accounting for management fees and estimated maintenance costs. The seller is seeking a quick sale, and the property is being sold with a discounted management fee of 12% through Red Panda Homes.