Birches Head Road, Birches Head, Stoke-On-Trent
£330,000 (Tenant Fees)
- Investment For Sale: Four Flats. May Split
- Parking at Rear Of Property
- Gas Central Heating, Double Glazing
- Current Income £2335 pcm exclusive of bills
- EPCS Band D, Ratings 59/64/61/66 Council Tax A
- Please Ask an Advisor for Further Details
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- Investment For Sale: Four Flats. May Split
- Parking at Rear Of Property
- Gas Central Heating, Double Glazing
- Current Income £2335 pcm exclusive of bills
- EPCS Band D, Ratings 59/64/61/66 Council Tax A
- Please Ask an Advisor for Further Details
Investment Opportunity: Two large terraced properties split into four flats each with two bedrooms. All flats are central heated ,double glazed and leased to sitting tenants. Each flat is self contained, on separate meters, central heated and double glazed with an allocated parking space at the rear. The current passing rental for the four flats is £2335.00 pcm exclusive of bills equating to an annual rental roll of £28,020 (circa 8.5% yield at the asking price). All energy performance certificates are band D.
Accommodation
128 Birches Head Road
HallwayWith PVCU door front, carpeted floor and access to each flat at 128.
Flat 1Let on an AST at £595 pcm. The property is double glazed and central heated. Comprises Living room, kitchen diner, two bedrooms and a bathroom.
Flat 2Currently let on an AST for £595 pcm. The property is gas central heated and double glazed. Comprises hall and landing, kitchen , living room, bathroom and two bedrooms.
130 Birches Head Road
Flat 1Let on an AST at £595 pcm. The property is gas central heated and double glazed. Accomadation comprises entrance hall, living room, kitchen, bathroom and two bedrooms.
Flat 2Currently let on an AST for £550.00 pcm. The property comprises hall and landing, living room, kitchen diner, bathroom, two bedrooms and a box room. The property is gas central heated and double glazed.
OutsideTo the frontage are walled forecourts. At the rear is off road parking for one vehicle per flat accessed off Hammersley Street.
EPC'sEPC's for the properties are all band D ratings from 59-66.
Rental InformationAll the properties are occupied and on assured shorthold tenancies at rentals from £550.00 pcm to £595.00 pcm. The rental excludes all utility bills and all flats have separate supplies and meters.
TitlesThe property comprises two titles (128 & 130 Birches Head Road). These can be brought individually or together as our client would consider splitting into two sales.
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