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4 bed house
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The property is a freehold 4-bedroom HMO in Stoke-on-Trent, currently generating £19,500 in gross rental income per annum from long-term tenants with no arrears. It features spacious rooms with the following monthly rental incomes: Room 1 (£411.67), Room 2 (£390.00), Room 3 (£368.33), and Room 4 (with kitchenette, £455.00), totaling £1,625 per month. The property's approximate operating costs include council tax (£121 pcm), gas and electricity (£178 pcm), water (£60.81 pcm), internet (£27.98 pcm), insurance (£398.73 pa), and a gas safety certificate (£65 pa), totaling approximately £5,112 per year.