**Standout Features:**
- Four-bedroom, fully let HMO (House in Multiple Occupation)
- Annual rental income of £22,140, yielding 16.4% on the guide price
- Planning permission for conversion to two residential flats
- Excellent mobile signal and fast broadband speeds
- Proximity to Stoke-on-Trent city center and major transport links
**Concise Summary:**
This Victorian terraced property at 1 Adventure Place, Stoke-on-Trent presents a prime investment opportunity for savvy buyers. Fully let as a four-bedroom HMO, it offers substantial rental income of £22,140 per annum, highlighting a remarkable yield of 16.4%. The property includes four ensuite bedrooms and access to a contemporary open-plan kitchen and dining area, making it ideal for professional tenants.
Located conveniently near the city center, residents can enjoy easy access to essential amenities, cultural attractions, and efficient transport links via the A500 and A50, as well as nearby railway stations. The area shows strong rental demand from both students and professionals, ensuring a steady tenant pool.
The property also comes with approved planning from Stoke-on-Trent City Council for converting the current office space into two residential flats, adding further long-term potential for value appreciation. However, prospective buyers should be aware of the high crime rates in the area and the overall community's high levels of deprivation. This is a unique opportunity to acquire a versatile rental property in a city undergoing modernization. Don't miss the chance to secure this revenue-generating asset at auction!
