Summary - 1023 LEEK ROAD STOKE-ON-TRENT ST1 6AP
2 bed 1 bath Terraced
Freehold two-bed mid-terrace with tenant in situ and off-street parking, ideal for investors..
Pre-let investment — sold with tenant in situ generating £7,800 pa
A two-bedroom mid-terrace offered as a pre-let investment, sold with a tenant in situ and generating £7,800 pa. The property sits on a small plot with a low-maintenance rear garden and off-street parking to the rear — practical features that appeal to rental demand in Stoke-on-Trent. Double glazing and mains gas central heating are already fitted, reducing immediate expenditure for a landlord.
The house dates from the early 20th century and retains period character in its brick façade and layout, but the solid brick walls are likely uninsulated and the glazing was installed before 2002. These factors mean energy performance may be lower than modern standards and future upgrading could be required to improve thermal efficiency and long-term lettability.
Located in a challenged, blue-collar terrace area with high local deprivation, the neighbourhood delivers affordable council tax and reliable rental demand but also carries socio-economic drawbacks that may affect long-term capital growth. The property is freehold with no upward chain, making a straightforward purchase for an investor seeking an income-producing asset now.
Prospective buyers should note that services, fixtures and fittings have not been tested; any buyer must undertake their own surveys. The layout and size are typical of period terraces and offer clear scope for targeted refurbishment to enhance rent and value over time.
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