11 Bed Of Multiple Occupation House For Sale Kingsway, Stoke-on-Trent, ST4

£730,000- Of Multiple Occupation

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Last Updated: 15th March 2024

Description

The Asset Brokers are absolutely delighted to bring this fantastic mixed use investment opportunity to the market in Stoke On Trent! Developed to the highest standard with excellent managing agent in place. This is one not to be missed!\r
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Consisting of 6 studios with kitchenettes and a further 5 studio rooms. 10 x ensuite and one off suite & three commercial units on the ground floor.\r
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Kingsway was recently refurbished to the highest of standards by well established and local developer.\r
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The property is located on Kingsway in the heart of the town centre so has excellent amenities all on the doorstep. Stoke on Trent train station is 0.6 miles away and Staffordshire university only 1 mile away from the property. \r
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Producing a gross income of £72,000 PA and a gross yield of 9.86% this is an excellent investment opportunity that can be completely hands off as the property has an excellent managing agent in place!
Agent Details
The Asset Brokers Ltd
Office 1, 45 Old Coleham Shrewsbury SY3 7BU

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested