Freehold Victorian two-bed investment with tenant and immediate rental income.
Tenant in situ achieving £750pcm
This end-terraced Victorian property in central Stoke-on-Trent is offered freehold with a tenant in situ, currently letting for £750pcm. The house has two double bedrooms, a modern dining kitchen, ground-floor bathroom, gas combi boiler and double glazing — practical features that suit a buy-to-let holding.
The location provides strong commuter links to the M6 (J15) and Stoke station, with shops and schools within walking distance. Outside is a small enclosed rear garden suitable for low-maintenance use. The rent level against the £105,000 asking price gives a gross yield around 8.6% (based on current rent), presenting immediate income for an investor buyer.
Important considerations: the property sits in a very deprived area with very high local crime and a medium flood risk. EPC rating is E. Walls are original solid brick (likely no cavity insulation) and double-glazing install date is unknown — further energy or improvement works may be needed to reduce running costs and improve the EPC. The sale is to investors only as the tenant remains in place; the vendor currently contributes £237 towards utility bills, which affects net income and should be clarified before purchase.
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