3 bed terraced house for sale

Nicholls Street, Stoke-On-Trent ST4

Description

This fully operational and high-yielding three-bedroom HMO in Stoke-on-Trent is an investor's dream, offering immediate returns from day one. Generating a gross income of £15,900 per annum, this property is already tenanted with long-term, reliable occupants who have called it home for the past 18 months - maintaining it to an impeccable standard.

Fully refurbished in 2021, the property benefits from brand-new everything, ensuring minimal maintenance and a hassle-free investment. It is also fully compliant, with all necessary certificates in place, so you can step straight into a ready-made income stream with complete peace of mind. Even better, the sale includes all furniture, making it a seamless, turn-key investment.

Inside, the layout it perfectly suited for a HMO. The property features two spacious double bedrooms upstairs, a third bedroom on the ground floor, a comfortable communal living space, a modern kitchen, and a shared bathroom - all designed with tenants' needs in mind.

Location is everything in the HMO market, and this property is ideally situated in Stoke Town, just around the corner from Stoke Train Station, the hospital, and key distribution centers - prime areas for tenant demand. Stoke-on-Trent continues to be a hotspot for HMO investment, offering high rental yields and consistent occupancy rates.

With nothing left to do, this property is an opportunity to secure a fully set-up, income generating HMO in a thriving market. A rare find that's ready to go - don't miss out!

Council Tax Band: A (Stoke-on-Trent County Council)
Tenure: Freehold