Summary - 787 LONDON ROAD STOKE-ON-TRENT ST4 5NZ
3 bed 1 bath Terraced
Immediate rental income with clear refurbishment potential for investors.
- Currently let at £600 pcm (£7,200 pa)
- Approximate 8% gross yield at guide price
- 3 bedrooms, 1 bathroom, circa 732 sq ft
- Victorian mid-terrace with bay window
- Requires modernisation throughout (kitchen dated)
- Small overall size and small rear plot
- Sold at online auction; 10% deposit and buyer fees apply
- Auctioneer has not internally inspected property
A three-bedroom Victorian mid-terrace offering straightforward rental income and clear scope for value-add. Currently let at £600 pcm (£7,200 pa), the property produces an approximate 8% gross yield based on the guide price, making it a practical income purchase for investors seeking immediate returns.
The house is small in overall size (approximately 732 sq ft) and requires modernisation throughout — the kitchen and general internal finishes are dated and will need updating. It sits on a small plot with a standard ceiling height and typical Victorian bay façade; the Auctioneer has not internally inspected the property, so buyers should allow for unseen repair or maintenance costs.
Sold freehold at an online auction with unconditional terms, the sale requires a 10% deposit on exchange plus a buyers’ administration fee and completion within 28 days. Location advantages include close proximity to local amenities, hospital, A500 and M6 links and a range of schools, supporting both rental demand and resale prospects in a city setting.
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