A 6 bed fully tenanted HMO

A large mid terrace house in one of the most sought after areas of Stoke, completed to very high standard and stylishly appointed throughout. Located in the quiet leafy suburb of Basford, Newcastle Under Lyme, the property is perfectly placed, central to all major routes and businesses in the local area.

31 Curzon Street has been transformed into a beautiful home that oozes class, comfort and relaxation.

Located in the quiet suburb of Basford (ST5), Newcastle Under Lyme, the property is perfectly placed, central to all major routes and businesses in the local area.

5 minutes from Newcastle bus station and 10 minutes from Hanley (Stoke on Trent City Centre).

The house is comfortably within walking distance of the UHS Hospital and Festival Park and a 5-10 minute drive to both Staffordshire and Keele Universities in either direction.

Gross income per annum £35,724

Management option

The property is currently managed by the seller and he is willing to keep the management on at a much reduced rate of £240 per month (INC VAT) for the foreseeable future.

31 Curzon Street Highlights

  • Address: 31 Curzon Street,  Newcastle Under Lyme, ST5 0PD
  • 6 bed HMO fully let for professionals
  • 4 rooms En Suite with 2 rooms sharing a large bathroom
  • Private garden and terrace
  • Bricks and mortar valuation circa £365k
  • EPC rating D (new)
  • Price £350k
  • Not your standard HMO and treated like a home
  • 30% more enquiries than any other HMO the seller has on its books
  • Average tenancy is a staggering 2.1 years
  • Impeccable tenancy history
  • Net income £25,392 per annum
  • 7.25% NET on Cash purchase and 29.02% ROI on 25% deposit investment
  •  Freehold
  • Going concern
  • Fully finished and furnished, bought as is.
  • Great location with a waiting list of tenants

Video tour and details of property N°31 Curzon Street, Newcastle-under-Lyme, ST5 - Exclusive Rooms

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