3 bed Flat For Sale £160,000
Fantastic investment opportunity offered to the market with long term tenants in situ yielding over 5% net. The modern townhouse is situated on a popular Canalside development and is ideally just a short distance from the centre of Hanley, the commercial centre of Stoke-on-Trent which is home to a wide variety of shops, bars, restaurants, a cinema and leisure facilities.
Brentleigh Way is an impressive three-bedroom terraced property which has been maintained to an excellent standard by the current tenants and consists of entrance hallway, a fully fitted kitchen, large lounge and dining area with patio doors leading to the enclosed rear garden. To the first floor there is a double and a single bedroom, family bathroom and on the second floor is the master bedroom with sky light window and ensuite.
The location of the property couldn’t be more convenient being within easy reach of Staffordshire University and just five minutes to Stoke on Trent train station which is located on the Stafford to Manchester line, the Crewe to Derby line and served by trains between London Euston and Manchester Piccadilly. Commuting links are also great via the A500 and A50 meaning this property appeals to a wide spectrum of tenant.
Stoke-on-Trent Council are embarking on an ambitious regeneration scheme which aims to revitalise the city through projects such as the £20million Etruscan Square project which will create an indoor arena, a 138-bedroom hotel and 82,000 square ft of commercial space. Alongside this, the £16million Goods Yard project will create a new public realm, create office, leisure and commercial space and a 150-bed hotel. Such plans will inevitably create jobs, encourage tourism and economic growth which means there hasn’t been a better time to invest in Stoke, don’t miss out and enquire today!
Financial Breakdown
Gross rent: £8,640
Ground rent: £201
Net income: £8,439
Gross yield: 5.4%
Net yield: 5.27%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07178
Brentleigh Way is an impressive three-bedroom terraced property which has been maintained to an excellent standard by the current tenants and consists of entrance hallway, a fully fitted kitchen, large lounge and dining area with patio doors leading to the enclosed rear garden. To the first floor there is a double and a single bedroom, family bathroom and on the second floor is the master bedroom with sky light window and ensuite.
The location of the property couldn’t be more convenient being within easy reach of Staffordshire University and just five minutes to Stoke on Trent train station which is located on the Stafford to Manchester line, the Crewe to Derby line and served by trains between London Euston and Manchester Piccadilly. Commuting links are also great via the A500 and A50 meaning this property appeals to a wide spectrum of tenant.
Stoke-on-Trent Council are embarking on an ambitious regeneration scheme which aims to revitalise the city through projects such as the £20million Etruscan Square project which will create an indoor arena, a 138-bedroom hotel and 82,000 square ft of commercial space. Alongside this, the £16million Goods Yard project will create a new public realm, create office, leisure and commercial space and a 150-bed hotel. Such plans will inevitably create jobs, encourage tourism and economic growth which means there hasn’t been a better time to invest in Stoke, don’t miss out and enquire today!
Financial Breakdown
Gross rent: £8,640
Ground rent: £201
Net income: £8,439
Gross yield: 5.4%
Net yield: 5.27%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07178
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