8 bedroom house for sale
£420,000 /Sale price - Newcastle Under Lyme Staffordshire ST5 9EJDetails
- Beds: 8
- Baths: 2
- Price: £420,000 /Sale price
- :
Overview
Introducing a fantastic opportunity to purchase this 8 bed HMO and a well established commercial unit in Newcastle-Under-Lyme, Staffordshire. Offering great add value potential, the property offers 8 well sized bedrooms, four of which are ensuite, two further bathrooms, two communal kitchens, a communal living room and an additional WC. There is also a commercial unit which is currently rented to a well established hair salon. The property is generously sized and has the addition of character features, adding to it's overall charm, thus creating comfortable and welcoming, functional communal areas, as well as generous private bedroom spaces. Newcastle-under-Lyme has a good variety of shops, restaurants, and cafes, as well as leisure facilities and essential amenities nearby and is only a 15 minute walk to the town centre. The property is easily connected with nearby cities such as Stoke-on-Trent, Birmingham, and Wolverhampton, offering tenants a diverse range of employment and leisure options. Income; Room 1 - £535.00 / Room 2 - £370.00 / Room 3 - £370.00 / Room 4 - £550.00 / Room 5 - £445.00 / Room 6 - £450.00 / Room 7 - £420.00 / Room 8 - £375.00 Commercial unit - £1,004.80 Total Income £4,519.80 PCM / £54,237.60 PA Expenditure; Gas - £523.00 / Electric - £211.00 / Water - £94.48 / Council Tax - £263.00 / TV License - £13.25 / Broadband - £61.75 / Cleaner - £56.00 / Management -£421.80 Total £1,644.28 PCM / £19,731.36 PA *Gas and electric calculations are averages across 12 months For more details and to contact: https://realtyww.info/houses_albany-road-d627437/for-sale_i68287537Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- 8 Bed 4 Ensuite HMO with Commercial Unit
- Managing Agent In Situ
- Great Investment Opportunity
- Gross Income £54,237.60 PA
- Gross Yield 12.91%
- 2% Plus Vat Buyer's Fee
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-02-16, Viewed 34 times.
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