Summary -
3, Woodbank View,STOKE-ON-TRENT,ST6 3EY
ST6 3EY
2 bed 2 bath Apartment
Immediate rental income with a long lease and allocated parking.
Tenant in situ achieving £595 pcm until January 2026
Leasehold with approx. 97 years remaining
Service charge £1,800 pa; ground rent £100 pa (£1,900 total)
Compact 519 sq ft two-bedroom apartment, first-floor
One allocated off-street parking space; visitor parking nearby
Electric heating and UPVC double glazing; lower maintenance but higher running costs
EPC rating B (current 81); no flood risk recorded
Area classed as very deprived; average local crime levels
This first-floor, two-bedroom apartment in Woodbank View is offered specifically as a buy-to-let with the current tenant in situ, producing £595 pcm until January 2026. The open-plan lounge/kitchen, ensuite to the main bedroom and compact layout suit investors seeking a low-management tenancy in a modern development. UPVC double glazing and electric heating keep maintenance simple, and an EPC B suggests reasonable energy performance for the building.
Practical cost details are clear: leasehold with approximately 97 years remaining, an annual service charge of £1,800 and ground rent of £100 (total £1,900 pa). One allocated off-street parking space plus nearby visitor parking adds appeal for tenants. The apartment measures about 519 sq ft and is presented as a modest, well-kept unit suitable for single occupants, couples or sharers.
Important considerations for buyers: the property is sold with a sitting tenant so viewings and possession are subject to the existing tenancy. Heating is electric rather than gas, which may affect running costs and appeal to some renters. The area is classified as very deprived, which can support rental demand but could limit long-term capital-growth prospects compared with more affluent locations.
Overall, this is a straightforward rental purchase for an investor wanting immediate income and minimal refurbishment. Budget for the annual service charge and factor in electric heating when assessing net yield and tenant market. The long lease and EPC grade B are positives; the apartment’s compact size and local socioeconomic profile are the main trade-offs.
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