Birches Head Road, Stoke-On-Trent, ST1
£330,000 Freehold
(Sold Subject To Contract)
8
4
4
Key Features:
- 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
Summary:
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.
Full Details:
Accommodation
128 Birches Head Road
Hallway
With PVCU door front, carpeted floor and access to each flat at 128.
Flat 1
Let 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 2
Currently 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 1
Let 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 2
Currently 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.
Outside
To the frontage are walled forecourts. At the rear is off road parking for one vehicle per flat accessed off Hammersley Street.
EPC's
EPC's for the properties are all band D ratings from 59-66.
Rental Information
All 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.
Titles
The 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.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
Viewing & Disclaimer:
Please contact us on 01782 847083 / 01538 753177 if you wish to arrange a viewing appointment for this property, or require further information.
Keates - STK1 endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
