Spark Street, Stoke-On-Trent, ST4

-----------------------Offers Invited-------------------------

Nicholas Humphreys present this studio apartment in a purpose built apartment complex catering for students.  This pre-let studio apartment is ideally located for Staffordshire University Hospital and is located in the town centre of Stoke; an ideal opportunity as a buy to let investment.

Poulson House is part a modern development of purpose built investment apartments, with an range of on site facilities including, communal recreation room, gym, laundry room, and games room.  

Poulson House includes a communal entrance with reception area and post boxes with stairs and lifts to the upper floors.

This studio apartment is located on the third floor and includes open plan living space with kitchen and a separate shower room. 

Located in the town of Stoke in Stoke-on-Trent the complex is ideally placed for a range of amenities including supermarkets, shops, cafes and bars.  Poulson House is also within walking distance to Stoke Railway Station as well as the University and the A500 provides direct access  to the M6 motorway. 

An ideal property for those looking to invest in the student buy to let market. 

Council tax band A - students exempt. 
EPC rating B
Left of lease 250 years from 1 Jan 2020. 
Ground rent £300 per annum 
Rental income £5500 pa
Service charge £1049.13
Lettings fee £562
Net rent £3889
Net yield approx 6.5%

Information. 

Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.

Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.

Entrance

Secure communal entrance with access to third floor via stairs or lift. Apartment accessed via wooden front door.

Living space

4.94m x 3.15m (16'2" x 10'4")

UPVC double glazed bay window, wall electric heater, furniture including bedstead, wardrobe with drawers, dining table and chairs, desk with drawers and chair. kitchen area with stainless steel sink and drainer with mixer tap, two ring electric hob, integral fridge, integral microwave with storage unit below, wall storage units, brushed steel splashback, part carpeted flooring with vinyl flooring to kitchen area, three ceiling light points, door to shower room.

Shower Room

2.25m x 1.01m (7'5" x 3'4")

White suite comprising W/C, pedestal wash had basin with mixer tap and tiled splash back, double width shower enclosure with sliding glazed door and wall mounted mains shower with tiling, wall towel radiator, shaver point, ceiling light point and extractor.

Communal facilites

Poulson House includes a gym, recreation room, laundry room and games room. The reception area of the building includes postal boxes and lift and stairs case access to the upper floors.

Agent Notes

Council tax band A
EPC rating B
Left of lease 250 years from 1 Jan 2020.
Ground rent £300 per annum
Rental income £5500 pa
Service charge £1049.13
Lettings fee £562
Net rent £3889
Net yield approx 6.5%