£70,000
1 bed flat for saleHartley Court, Stoke-On-Trent ST4
1 bed
1 bath
1 reception
EPC Rating: C
Reduced on
About this property
One-bedroom first-floor apartment
Tenants in situ
Current rent: £535 pcm
Gross rental yield: 8.56%
Leasehold property
Low-maintenance property
Close to local amenities and transport links
Suitable for experienced or first-time investors
Immediate rental income
Well-proportioned accommodation
Situated within the popular Hartley Court development in Stoke-on-Trent, 28 Hartley Court is a one-bedroom first-floor apartment offering an excellent opportunity for investors seeking an established buy-to-let property.
The property is being sold with tenants in situ, providing the purchaser with an existing rental income from completion, subject to the terms of the current tenancy. The property is currently let at £535 per calendar month, equating to an annual rental income of £6,420.
At a sales price of £75,000, this represents a gross annual rental yield of approximately 8.56%, before allowing for any applicable service charges, ground rent, management fees, maintenance, insurance or other ownership costs.
The apartment provides well-proportioned one-bedroom accommodation arranged on the first floor, making it a relatively straightforward and manageable property for a landlord. The apartment format also offers the potential for comparatively lower maintenance requirements than a larger house, subject to the lease and management arrangements.
Hartley Court is a purpose-built residential development in Stoke-on-Trent, with the wider ST4 7GG area benefiting from access to local amenities and transport connections. Public property records identify Hartley Court as a development of leasehold flats, with No. 28 previously recorded as a one-bedroom mid-floor apartment.
EPC rating: C.
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More information
Tenure
Leasehold (231 years)
Service charge
£2,035 per year
Council tax band
A
Ground rent
£130
Ground rent date of next review
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