Income-producing two-bed close to Hanley with parking and tenants in place.
Freehold — no ground rent or service charge
A freehold two-bedroom maisonette with tenants in situ, positioned within walking distance of Hanley town centre. The property is pre-let at £650 pcm, providing an immediate gross income of £7,800 per year (approximately 8.7% gross yield at the current asking price). Allocated off-street parking and double glazing are practical day-to-day benefits.
Accommodation is straightforward: entrance hallway, kitchen, lounge and two double bedrooms. Built in the early 2000s, the mid-terrace maisonette is of modern brick construction and will suit investors seeking an income-producing asset or buyers wanting a low-maintenance city base. The property is being sold with no chain.
Buyers should note material facts: heating is electric room heaters (higher running costs possible) and the EPC is rated D. Broadband speeds in the area are reported slow. The immediate area is classified as very deprived with a high local crime rate — factors that may affect rental demand, resale prospects and insurance costs.
Overall this is a practical, income-producing maisonette offering clear upside for investors wanting immediate cashflow, and for private buyers prepared to accept modest energy performance and local area challenges.
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