Summary - Flat A, 155-157 Stone Road ST4 8NR
5 bed 3 bath Apartment
Three-let portfolio with freehold and strong yield, chain-free.
Three flats sold together with freehold included
A ready-made, chain-free investment: three flats sold together with the freehold included. The portfolio currently produces £1,750pcm (£21,000pa) giving an indicative 8.75% rental yield at the asking price. Tenancies are in place, so this is positioned for an investor seeking immediate rental income.
The building is a circa 1900–1929 end-terrace with solid brick walls and period character. The ground-floor flat includes two bedrooms, two bathrooms, a garage and a private garden — useful tenant perks that support long-term demand. The upper flats are two-bed and one-bed units, creating a varied tenant mix.
Buyers should note practical issues: the properties are leasehold with 107 years remaining and a small ground rent of £100 per annum (stated per apartment). EPC ratings are D, C and C across the three flats, and the building likely lacks wall insulation, so further energy upgrades may be required. Some modernization and cosmetic updating is expected to maximise rental value.
Location strengths include good local schools (several rated Good and one Outstanding), fast broadband and excellent mobile signal, plus easy access to Hanley and Trentham. This suits buy-to-let investors or portfolio builders who want an income-producing property with scope for capital improvements.
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