King William Street, Stoke-on-trent
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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- TENUREDescribes 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
- TO BE SOLD UNDER AUCTION TERMS
- GREAT INVESTMENT OPPORTINUTY
- TENANTED
- GREAT POTENTIAL
Description
TO BE SOLD BY ONLINE AUCTION ON 22ND – 23RD APRIL UNLESS SOLD PRIOR UNDER AUCTION TERMS.
32, King William Street, Stoke-on-trent, ST6 6EH
An excellent opportunity to acquire a tenanted buy-to-let investment in a well-established residential area of Stoke-on-Trent, offering immediate income with further potential to enhance returns. Not inspected by Edward Mellor but reported to comprise; lounge, dining room, kitchen, two bedrooms and bathroom. Photographs have been provided by the vendor.
Reported to be currently let at £650 per calendar month, providing an immediate income stream. Based on the guide price, this reflects an attractive gross yield of approximately 12.5%, making it a compelling proposition for investors seeking strong returns. Await sight of AST.
It is conveniently located within walking distance of local shops, amenities and transport links, supporting consistent tenant demand and long-term occupancy. The area remains a popular choice for renters, offering a reliable investment location.
The property presents a straightforward addition to any portfolio, with income from day one and potential to enhance value over time.
Here are some similar sold properties taken from Land Registry that highlight the potential:
27, Wade Street, Stoke-on-trent, ST6 1HR £112,000 Terraced 2 BED 0.24 mi
31, Leonard Street, Stoke-on-trent, ST6 1HS £107,000 Terraced 2 BED 0.21 mi
76, Leonard Street, Stoke-on-trent, ST6 1HH £100,000 Terraced 2 BED 0.31 mi
Tenant ready property values in the area are in the region of £750- £800pcm
- 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.
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- 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
King William Street, Stoke-on-trent
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference EM-167932. 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 Edward Mellor Ltd, Auction. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Edward Mellor Ltd, Auction on 0161 524 2443.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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