4 bed terraced house for sale Broad Street, Stoke-On-Trent, 2 ST5

Overview•Type: 4-Bed HMO (House in Multiple Occupation)•Price: £270,000 (off-market quick sale)•Rental Income: £28,188 per annum (£2,349 monthly)•Rental Yield: Will calculate and include (gross and potentialnet ROI).•Target Tenants: Students and young professionals, ideallyattending Keele University, Staffordshire University, orworking at the Royal Stoke Hospital.Key Features•Ensuite Rooms: Each bedroom features a privateensuite for enhanced comfort and privacy.•Modern Design: Sleek and stylish interiors tailored forcontemporary living.•High-Speed Wi-Fi: Complimentary for all tenants, idealfor work and leisure.•Professional Management Available: Offered by RedPanda Homes at a discounted rate of 12%.Current tenanciesTotal: 4 tenantsAccommodationCurrent rent £ pcm• Room No 1 £ 605.00pcm |Deposit held of £550• Room No 2 £ 519.00 pcm |Deposit held of £560• Room No 3 £ 575.00 pcm |Deposit held of £560• Room No 4 £ 650.00 pcm |Deposit held of £610total: £27,360 p.a.Financial OverviewGross Annual Income: £28,188Asking Price: £270,000Gross Rental Yield: 10.44%Net ROI: 7.62% (after accounting for management fees andestimated maintenance costs).Estimated stamp duty £11,600this value is based on income only, however this is A registed HMO not licesed as not required unless 5 or more by local authority, it may not fall under A commercail value and it may fall under A bricks and mortar valuation, this could mean if you are mortgaging A defict may happen that will need to be made up.The seller has set the price, red panda homes has not determind the market appraisal (we are honouring the sellers value for this property)BedroomEnsuiteBedroomEnsuiteBedroomEnsuiteBedroomEnsuiteKitchenLiving RoomBathroom (2.00m x 1.00m, 6'6" x 3'3")EnsuiteBathroom (2sqm)EnsuiteBathroom (2sqm)EnsuiteBathroom (2sqm)Ensuite