Summary - 19, Leigh Street, STOKE-ON-TRENT ST6 1BE
2 bed 1 bath Terraced
Two-bed terrace with immediate rental income and scope to add value.
Tenant in situ paying £700 pcm (income from day one)
A ready-made investment in Stoke-On-Trent, this mid-terrace two-bedroom property is offered with tenants in situ paying £700 pcm, providing immediate rental income. The house retains period proportions across two reception rooms and two bedrooms, with mains gas central heating and UPVC double glazing for straightforward running costs. At 883 sq ft, the accommodation is average-sized and suits buy-to-let portfolios or a first-time buyer willing to keep tenants.
The interior is largely liveable but presents clear scope for cosmetic improvement and modernisation to increase value and rental potential. The kitchen and bathroom are functional (white bathroom suite, tiled walls) but dated; the building appears to have solid brick walls with no confirmed insulation and may benefit from energy-efficiency upgrades. The rear enclosed yard is small and low-maintenance, with on-street parking and a small front forecourt.
Location strengths are local amenities and good mobile/broadband connectivity; there are several nearby schools and city-centre links. Buyers should note the property sits in a deprived area with above-average local crime statistics and typical terraced-street characteristics. The property is freehold, council tax band A (very cheap), and presents a gross rental yield around 8% based on the current rent and asking price.
This is a practical, income-producing opportunity for investors seeking immediate return and modest management requirements, or for buyers prepared to modernise a traditional terrace for long-term uplift. Material facts: tenant in situ, small plot, likely insulation works needed, and local area deprivation and crime levels above average.
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