Summary - 7b, Grove Road ST4 3AY
2 bed 1 bath Apartment
Immediate rental income in a commuter-friendly location with low holding costs.
Tenanted at £435pcm until October 2025, providing immediate income
Long leasehold (~980 years) — leasehold tenure
Small overall size — about 421 sq ft, compact layout
EPC rating C and mains gas central heating
Private utility/store room with light, power and plumbing
Communal concrete courtyard; no private garden space
Area is very deprived with high local crime — investment risk
Close to A50/A500 and Stoke station; good transport links
This first-floor, two-bedroom apartment on Grove Road is presented as a straightforward buy-for-rent opportunity. The property is small (approximately 421 sq ft) and comes with a sitting tenant paying £435 pcm until October 2025, providing immediate rental income and no onward chain. The long lease (c.980 years) and an EPC rating of C are practical positives for a buy-to-let purchase.
Accommodation is traditional in layout with a separate kitchen, living room, bathroom and a private utility/store room with power, light and plumbing. Externally there is a communal concrete courtyard; there is no private garden. The building dates from 1900–1929 and has double glazing, mains gas central heating and cavity walls (no confirmed added insulation).
Location and running costs suit investors seeking low entry price: council tax is very cheap and the apartment is close to commuter routes (A50/A500) and Stoke station. However, the immediate area is classified as very deprived with a high local crime level, which is an important risk factor for tenant demand and resale. Viewings are recommended for buyers who understand the local market dynamics and want an income-producing asset with modest management needs.
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