Low-entry, tenant-in-place property for yield-focused investors near local amenities.
- Currently let at £750 pcm (£9,000 pa) generating c.10.5% gross yield
- Freehold end-of-terrace with front and rear gardens
- Small overall size (~758 sq ft) and modest plot
- Interior described as dated; likely needs refurbishment
- Tenant in situ — sold with current tenancy
- Area: very deprived classification; above-average crime
- Auction sale — 10% deposit, buyers’ admin fees and quick completion
- Fast broadband and excellent mobile signal
A straightforward investment opportunity in Stoke-on-Trent: a three-bedroom end-of-terrace let at £750 pcm (£9,000 pa), offering an approximate 10.5% gross yield against the guide price. The property is freehold, has front and rear gardens, and practical local links — including high street amenities and several well-rated schools nearby.
The house is small (approximately 758 sq ft) and shows signs of being dated internally. Accommodation includes a lounge-diner, kitchen, storage room, ground-floor WC and bathroom, plus three first-floor bedrooms. The vendor notes the auctioneer has not inspected internally and the property will be sold at online auction, so buyers should review the legal pack and allow for auction purchase costs and timelines.
Location and running notes: broadband speeds are reported as fast and mobile signal excellent. The area is classified as very deprived with above-average crime and a predominance of blue-collar terraces; these factors influence long-term capital growth and lettability. Council tax is described as cheap and there is no flood risk.
Practical considerations for buyers: the property is let (tenant in situ) so it suits a hands-off investor or someone prepared to manage a tenancy. The interior appears dated and will likely need updating or refurbishment to increase rents or future resale value. Auction purchasers must be ready to pay a 10% deposit (minimum £5,000) and a buyers’ administration fee on exchange, with completion usually required within 28 days.
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