Compact income-producing apartment with long lease and parking.
Two-bedroom penthouse with turreted living area and raised ceiling
Currently tenanted — assured shorthold tenancy in situ
Gross rental income £9,600pa; gross yield ≈ 8.7% at £110,000
Long lease: 230 years remaining (leasehold)
Service charge £1,539.24pa; ground rent £105pa
Electric heating only; potential higher running costs
Very high local crime rate and area deprivation — resale risk
Compact internal size (~527 sq ft); one bathroom plus separate wc
This penthouse apartment occupies a corner turret position in Etruria Court, presented to a good standard and currently let on an assured shorthold tenancy. The property offers a compact two-bedroom layout with a distinctive raised-ceiling living area, fitted kitchen, bathroom plus separate wc, and off-street parking to the rear.
For investors the numbers are clear: the current rental income is £9,600 per year on a £110,000 asking price, giving a gross yield of about 8.7%. The long lease (230 years remaining), double glazing and purpose-built communal maintenance make the block straightforward to manage for buy-to-let owners.
Buyers should note the material negatives alongside the positives. The apartment is in an inner-city, deprived area with a very high local crime rate, which can affect tenant demand and resale values. Heating is electric only, and annual service charge (£1,539.24) plus ground rent (£105) are ongoing costs that reduce net return. The internal area is compact (approximately 527 sq ft) and there is one bathroom plus a separate wc.
Overall this is a practical, low-maintenance investment with strong gross yield and long lease security, but it carries location-related risk and running costs that need factoring into net return calculations.
2 bedroom apartment for sale in Penstock Drive, Stoke On Trent, ST4 — £90,000 • 2 bed • 1 bath • 581 ft²
2 bedroom penthouse for sale in Brunswick Court, Newcastle, Staffordshire, ST5 — £195,000 • 2 bed • 2 bath • 722 ft²
2 bedroom flat for sale in Federation Road, Stoke-On-Trent, Staffordshire, ST6 — £53,900 • 2 bed • 1 bath • 581 ft²
2 bedroom flat for sale in Wilton Court, Hanley, Stoke-on-Trent, ST1 — £97,000 • 2 bed • 2 bath • 740 ft²
2 bedroom flat for sale in Wardle Street, Stoke-On-Trent, ST6 — £64,000 • 2 bed • 1 bath • 549 ft²
2 bedroom apartment for sale in Grove Road, Stoke-on-Trent, ST4 — £60,000 • 2 bed • 1 bath • 421 ft²














































