Summary -
57, Ambassador Road,STOKE-ON-TRENT,ST1 3DN
ST1 3DN
2 bed 2 bath Flat
Compact modern flat near Hanley centre with allocated parking and strong rental yield potential.
Two bedrooms including en-suite shower room
A compact modern two-bedroom apartment in the Wedgwood Gardens development, positioned close to Hanley city centre with allocated off-street parking. The flat includes a living room, fitted kitchen, main bathroom and an en-suite, and benefits from double glazing and an EPC B (83).
Currently let at £625 pcm, the property offers an attractive gross yield (approximately 9.4% at the asking price of £80,000) and immediate rental income. The long lease (979 years) removes typical lease length concerns for investors and first-time buyers seeking a straightforward long-term holding.
Notable considerations: the flat uses electric heating, which can mean higher running costs compared with gas systems. The apartment is compact (about 37 sq m) and sits in a very deprived local area described as a hampered neighbourhood, which may affect tenant profiles and long-term capital growth. Broadband and local services are average, and crime rates are average for the area.
For an investor there is scope to increase rent through cosmetic refurbishment and targeted improvements; for an owner-occupier or first-time buyer this is an affordable, centrally located option with low council tax and allocated parking. The building appears well-maintained, but buyers should confirm service charges, management arrangements and exact room measurements before committing.
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