6 bedroom House of Multiple Occupation in Stoke-On-Trent
6 Newton Street, Stoke-On-Trent, Staffordshire ST4 6JL
- Lot No: 113
- Property Type: House of Multiple Occupation
- Contract Type: Unconditional with Fixed Fee
Guide Price* £250,000+ plus fees
Property Description
A superb investment opportunity comprising of a six bedroom, five bathroom HMO property situated in a good letting location. Well placed for local amenities and Stoke Hospital as well as being equidistant between Stoke and Newcastle Under Lyme. Situated just off the A53 and close to The Queensway. The house offers six letting rooms. three with en suites and a further two bathrooms. Benefiting from gas central heating, upvc double glazing and parking to front. Currently five rooms are let giving an income of £2,100 per calendar month/£25,200 per annum. Estimated current rental value when fully occupied is £31,200 per annum. Room One (double with ensuite) - (Current Rent - £450. Market Rate - £500) Room Two (double with ensuite) - (Current Rent - £475. Market Rate - £500) Room Three (single) - (Current Rent - Vacant. Market Rate - £325) Room Four (double) - (Current Rent - £400) Room Five (double with ensuite) - (Current Rent - £375. Market Rate - £475) Room Six (double) - (Current Rent - £400) Market rates are based on comparable evidence. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Ground Floor
Reception hallway, communal living kitchen, bedroom one with en suite and bedroom two with en suite.
First Floor
Galleried landing, bedroom three, bedroom four, bedroom five with en suite, shower room one, bedroom six and shower room two.
Outside
Driveway parking to the front and enclosed gardens to side and rear.
Construction Material:
Brick.
Water Supply:
Mains.
Sewerage Arrangements:
Mains.
Electricity Supply:
Mains.
Mobile Phone Coverage:
O2, EE, Three, Vodafone available.
Broadband:
Standard - 12 mbps, Superfast - 80 mbps, Ultrafast - 1000 mbps available.
Draft Sales Details
These sales details are awaiting vendor approval.
Tenure
Freehold
Auction Details
Date 25th April 2024
Venue National Property Auction
The National Property Auction will be broadcast live on our website and open to remote bidding online, on the phone and by proxy. Registration for bidding will close at 5pm the day before the auction.
Lot Information
Contact Us
If you have any questions, call our team on 0800 046 5454