Marston Road, Stafford, Staffordshire
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
4
- 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.
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Key features
- Potential 14.29% Gross Yield
- Five-Bedroom Freehold HMO
- Three En-Suite Bedrooms
- HMO Licence In Place
- Existing Tenants & Immediate Income
- EPC Rating C & Outside Article 4
Description
A fantastic opportunity to acquire a five-bedroom freehold HMO in Stafford, offering strong income potential and the opportunity to achieve a gross rental yield of approximately 14.29% when fully let. The property benefits from three en-suite bedrooms, an HMO licence already in place, EPC C rating, and is situated outside an Article 4 area, as advised by the seller.
The accommodation comprises five lettable bedrooms, including three en-suites, and currently has tenants in situ, providing an immediate income stream. A prospective tenant has also been identified for one of the vacant rooms, while the remaining rooms are actively being marketed.
When fully occupied, the property has a potential rental income of £3,155 PCM (£37,860 per annum), generating an attractive gross yield of 14.29% at the asking price of £265,000. After the seller's listed operating costs, the projected yield remains a strong 11.28% before finance and other ownership costs.
Investment Highlights
Freehold HMO investment property
Five lettable bedrooms
Three en-suite rooms
HMO licence in place
EPC Rating C
Existing tenants providing immediate income
Active letting programme with further income growth potential
Potential rental income of £37,860 per annum when fully let
Potential gross yield of 14.29%
Outside Article 4 area (subject to purchaser verification)
Brochures
3D Virtual Tour- 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.
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- 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
Marston Road, Stafford, Staffordshire
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Visit our security centre to find out moreDisclaimer - Property reference 92 Marston Road . 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 Pure, Manchester. 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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