- A HMO PROPERTY FOR SALE
- 4 ROOM SHARES, BEAUTIFULLY UPDATED
- A FULL HOUSE - ALL 4 ROOMS CURRENTLY LET!
- CURRENT GROSS YIELD OF £17,460 PER ANNUM
- FOR POTENTIAL LANDLORD INVESTORS
- COMMUNAL SITTING ROOM, KITCHEN & BATHROOM
- GAS & ELEC SAFETY CERTS PASSED
- NEWLY FITTED WORCESTER COMBI BOILER
- EASY ACCESS TO LOCAL ROAD LINKS & AMENITIES
- RECENTLY DONE SEARCHES AVAILABLE TO PURCHASE
INTRO *HMO OPPORTUNITY!* With amazing investment potential for Landlords (but also for sale for people looking for a home to reside in with no tenants), we have for sale a modernised terraced house with 4 rooms shares available (ALL 4 currently let already achieving £17,460 per annum! Gross yield 12.9%) Situated in the heart of Burslem, Stoke-on-Trent with easy access to local amenities, main road links/bus routes, Burslem Park and Hayward Hospital. All fixtures and fittings in the property are incuded in the sale! Newly fitted BAXI 424 gas combi boiler (Nov 22), with valid gas and electrical safety certificates. Ground floor reception is turned into a single room and the first floor has 3 single rooms. It benefits from a homely common sitting room, a kitchen and a bathroom. UPVC double glazing and gas central heating. Absolutely ready to go as a solid investment - Register your interest immediately before it is snapped up!
ADDITIONAL NOTES The property is suitable for Landlords with having a current tenancy/letting management in place- However if you are an applicant looking to live in as a family home, then our vendors would consider selling the property to you as a vacant possession.
The current income is as follows:
Room 1 - £375pcm
Room 2 - £375pcm
Room 3 - £330pcm
Room 4 - £375pcm
So total yield is currently £17,460 per annum (12.9% gross yield)
Please be advised that upon completion, we cannot guarantee to have the same number of tenants in situ, as per our details. Due to the ongoing tenancies always being subject to change.
A local agent currently manages the let room shares, please ask us for further information.
VIEWINGS: Please note, due to another company currently managing the tenancies, and due to the availability of both ourselves and all tenants - Upon viewing we may only have access externally and to all the communal rooms. We are only interested in serious parties to view please. The approx size of the whole building is 83 square metres, and please thoroughly check all our information before contacting us.
HMO LICENSE INFO: According to Stoke Council information, this house setting DOES NOT need to apply for a HMO license - Due to no en-suite toilet, and with under 5 tenants sharing a house. You can contact Stoke-on-Trent City Council for any further information.
The house is a 5 minute walk to the local Hayward hospital, close to many shops, several great pubs and leafy Burslem Park, with other local popular towns with minutes' drive away.
The house has a luxury shared living room, fully fitted kitchen and luxury hotel style bathroom with large P shaped bath and rain shower. All bedrooms are double rooms and EACH ROOM has a flat screen TV, fitted wardrobes and luxury furnishings.
The rooms are decorated to the highest standards and have super comfortable double beds (with storage underneath), brand new luxury mattresses, fitted wardrobes, beautiful bedding, cushions, beautiful furniture and a custom workstation for the tenants laptop/computer.
Brand new kitchen fitted with an combi oven, dual microwave and large fridge freezer, dishwasher, washing machine, separate dryer, plus all pots and pans, glassware and utensils. The living room has beautiful furniture for comfort and enjoyment and a large 55' flat screen TV.
There is currently a SKY TV and Internet WiFi plan in place for the tenants' use. However any new landlord/owner will need to apply for their new package with Sky or another service provider. This will not be included in the sale.
For any buyers, recently obtained searches would be available to purchase (which would speed up the purchase process with not having to wait for new searches to be done)
DIRECTIONS Please use postcode ST6 1AP for Sat Nav/Google Maps. From High Lane, Burslem, proceed down into Hamil Road where the property can be found on the right hand side as identified by our Shaw's For Sale board where the 'WOM Property Group' letting board are seen.
COMMUNAL ENTRANCE HALL UPVC front entrance door leads to hallway. Spotlights to the ceiling, radiator. Tenant notice board. Carbon monoxide detector. Providing access for Room share 1.
ROOM SHARE 1 10' 7" x 8' 10" (3.23m x 2.69m) Window to the front, radiator. Double bed, fitted wardrobe and TV all included.
COMMUNAL LIVING ROOM 12' 2" x 11' 4" (3.71m x 3.45m) A nicely presented common room. Window to the rear, radiator. A communal TV with sky box, sofa, chair and table. Central heating thermostat. Spotlights to the ceiling. Grey laminated flooring. Wall mounted electric fire. Door to useful understairs storage area. Another door provides access to the staircase. Open arch and step down to:
COMMUNAL KITCHEN 15' 9" x 7' 5" (4.8m x 2.26m) A well presented fitted kitchen suite, comprising plenty of base and wall mounted cupboard units. Two integrated tall fridge/freezer units. Space and plumbing for a washer, and for a separate dryer. Single drainer sink unit. Electric oven and hob, with extractor hood above. Tiled floor. Spotlights to the ceiling. Cupboard concealing newly fitted Baxi 424 gas combi boiler (Nov 22). UPVC rear access door. Door off to:
COMMUNAL BATHROOM 7' 2" x 6' 4" (2.18m x 1.93m) Comprising a well presented fully tiled suite, comprising 'L' shaped panelled bath with rainfall shower over and shower screen, low level W.C and wash hand basin. Chrome towel radiator. Opaque window to the side. Extractor fan.
FIRST FLOOR With stairs to the first floor and communal landing, providing access to Room shares 2, 3 and 4. Access to the loft. Radiator. Carbon monoxide detector.
ROOM SHARE 2 12' 2" x 10' 8" (3.71m x 3.25m) Window to the front, radiator. Double bed, fitted wardrobe and TV all included. Chest drawer unit.
ROOM SHARE 3 11' 5" x 9' 3" (3.48m x 2.82m) Window to the rear, radiator. Double bed, door to storage cupboard and TV all included.
ROOM SHARE 4 11' 11" x 7' 7" (3.63m x 2.31m) Window to the rear, radiator. Double bed, fitted wardrobe and TV all included.
EXTERNALLY A paved patio communal garden area to the rear.
Strictly by appointment with the selling agents Shaw's & Company Estate Agents Ltd Telephone 01782 787840.
FIXTURES AND FITTINGS
NOTE The Agent has not tested any equipment, fittings or services and cannot verify that they are in working order. All items normally designated as fixtures and fittings are excluded from the sale unless otherwise stated. The Agent would also point out that the photographs are taken with a non standard lens. These particulars are set out as a guide and do not form part of a contract, neither has the agent checked the legal documents, purchasers/tenants should confirm the postcode for themselves. All room sizes are approximate at the time of inspection.
If you are seeking a mortgage for a property or require independent financial advice, we can provide a free quotation, please Telephone 01782 787840.
Do you have a property to sell? if so Shaw's & Company Estate Agents Ltd can offer a free valuation and offer No Sale No Fee terms (subject to agency agreement) and advise on the method of sale to suit your requirements. Your property will marketed using the latest methods and internet advertising on multiple internet web sites including Rightmove.co.uk and Zoopla.co.uk. We are open daily, please call us on 01782 787840 .
Stoke-on-Trent City Council.
COUNCIL TAX BAND A
EPC RATING (PDF available online)
Current: 55D Potential: 73C