Castle Street, Stafford, ST16 2EB
- PROPERTY TYPE
Terraced
- BEDROOMS
2
- BATHROOMS
1
- SIZE
667 sq ft
62 sq m
- 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
- Garden
- Full Double Glazing
- Oven/Hob
- Gas Central Heating Combi Boiler
- Double Bedrooms
Description
A fantastic buy-to-let investment opportunity with a tenant already in situ and currently producing £850 per calendar month (£10,200 per annum).
At the asking price of £150,000, this represents a gross rental yield of approximately 6.8%, before any applicable letting, management, maintenance or other property ownership costs.
The property is currently tenanted, offering an investor the opportunity to purchase an income-producing property with an existing rental stream.
The property comprises two bedrooms, two reception rooms, a modern kitchen and one bathroom, with the bathroom conveniently accessed from the second bedroom.
The ground floor offers two separate reception rooms, providing flexible living and dining space, together with a modern fitted kitchen. A useful lean-to is located off the kitchen.
Further benefits include on-road parking.
Letting & ManagementThe advertised rental income of £850 pcm is before any letting or management deductions. For investors who require assistance fully managed services are available, subject to the applicable fees and terms.
Please note: The photographs were taken prior to the property being rented and therefore may not be representative of the propertys current presentation, furnishings or condition.
An excellent opportunity for investors looking for an established rental income with the flexibility of either self-management or professional letting and management. Early viewing is highly recommended.
Disclaimer:
These particulars are provided for guidance only and are intended to give a fair overview of the property. While every effort has been made to ensure accuracy, details, descriptions, and images may be subject to change and slight variations. Some photographs, descriptions, or marketing materials may have been enhanced, edited, or generated using AI technology for illustrative purposes. Measurements are approximate if provided and should not be relied upon for furnishing or planning purposes. Decorative items shown (e.g. flowers and accessories) are for staging only. Unless expressly stated, the property is offered unfurnished.
MD Properties are members of the Property Redress Scheme and hold Client Money Protection through Propertymark, ensuring compliance with current UK lettings & Estate Agency regulations.
- 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.
- On street
- 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.
- Ask agent
Castle Street, Stafford, ST16 2EB
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Visit our security centre to find out moreDisclaimer - Property reference mdpr_75970229. 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 MD Properties, Stafford. 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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