2 Bedroom Terraced House For Sale in Stoke-on-Trent, ST4
| Price | £ 99,086 |
| Reference | 54239 |
| Address |
Carron Street, Stoke-on-Trent, ST4 (Map Location) |
| Beds | 2 |
| Baths | 1 |
| Type | Terraced house |
| Tenure | Freehold |
BUY TO LET INVESTMENT Two-bedroom terraced house – buy to let investment with charity lease
Description
• Let to a local faith-based charity under an existing lease
• Current rent of £578 per month (£6,936 per year), approximately 7% gross yield at the asking price
• £538 pcm after the £40 monthly company service charge, before other costs. The charge includes maintenance but excludes
age-related replacements.
• Two bedrooms and two reception rooms
• One bathroom
• Gas central heating with combi boiler
• uPVC double glazing
• Paved yard
• On-street parking, subject to availability
• EPC rating D
• Freehold
A freehold two-bedroom terraced house in Fenton, offered for sale subject to an existing lease with a Stoke-based charity.
The property generates £578 per calendar month, equivalent to £6,936 annually and approximately 7% gross yield at the asking price.
* £538 pcm after the £40 monthly company service charge, before other costs. The charge includes maintenance but excludes age-related replacement*
The accommodation includes two reception rooms, two bedrooms and one bathroom. Gas central heating and uPVC double glazing are provided throughout, with a paved yard outside.
Carron Street is situated in an established residential area, convenient for local shops, schools and Longton’s amenities. The nearby A50 and A500 provide connections across Stoke-on-Trent and to the M6.
Sold subject to the existing charity lease. Purchasers should review the lease terms and remaining duration. Gross yield excludes purchase costs and ongoing expenses.
View the EPC for this property