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Harris St, Penkhull, ST4

PROPERTY TYPE

Terraced

BEDROOMS

2

BATHROOMS

1

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Mid-Terrace Investment Property
  • Being Sold With Tenant In Situ
  • Currently Let at £725 PCM (£8,700 per annum)
  • Approx. 6–7% Gross Yield Depending on Purchase Price
  • Two Well-Proportioned Bedrooms
  • Spacious Through Lounge / Dining Room
  • Fitted Kitchen with Ample Worktop Space
  • Walking Distance to Royal Stoke University Hospital
  • Strong Rental Demand Area
  • Ideal Buy-to-Let Investment Opportunity

Description

Northwood are pleased to offer for sale this two-bedroom mid-terrace investment property located in the popular and convenient area of Penkhull, ideally suited to buy-to-let investors and being sold with a tenant in situ currently paying £725 per calendar month (£8,700 per annum).

This represents an attractive ready-made investment opportunity, offering an approximate 6–7% gross yield depending on purchase price, in an area known for consistent tenant demand.

The property offers well-proportioned accommodation throughout. To the ground floor there is a spacious through lounge/dining room, providing flexible living space with a feature fireplace and good natural light.

To the rear of the property is a fitted kitchen with generous worktop and storage space, which leads through to the ground floor bathroom suite comprising bath with shower over, wash basin and WC.

To the first floor are two well-sized bedrooms, both offering comfortable accommodation with natural light and neutral décor.

Externally the property benefits from a low maintenance enclosed rear yard/garden area, providing practical outdoor space for tenants.

Situated in Penkhull, the property is ideally located for access to Royal Stoke University Hospital, Newcastle-under-Lyme, local amenities, shops, schools and transport links, making it a consistently strong rental location for investors.

With a tenant already in place producing £725 PCM, this property offers immediate income from day one and a straightforward addition to any investment portfolio.

Early enquiries are recommended.

EPC rating: D. Tenure: Freehold,
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Harris St, Penkhull, ST4

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Renovation potential
Recently sold & under offer
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About Northwood, Stoke-on-Trent

333 Hartshill Road Stoke-On-Trent ST4 7NR
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Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£593
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference P4245. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northwood, Stoke-on-Trent. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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