£295,000
(£127.82/sq. ft)
Property for sale49 - 53 Hulton Street, Birches Head, Stoke-On-Trent ST1
2,308 sq. ft
Freehold
About this property
Current income at £35,700 providing over a 12% gross return
4 x 1 bedroom flats and 1 x 2 bedroom mid terraced house
Total NIA: 2,308 sq ft
All units have a Band C EPC and have recently been refurbished
Description
A rare opportunity to obtain a readymade property
portfolio of three former terraced houses in a selfcontained block. All properties are of brick elevation with
slate tile roof coverings originating from the Victorian era.
The portfolio consists of two 1 bedroom flats at 49 Hulton
Street, a 2 bedroom terraced house at 51 Hulton Street and two
1 bedroom flats at 53 Hulton Street. The flats at 49 Hulton
Street have been redecorated and new tenants have recently
moved in on new tenancy agreements and with new EPC’s. 51
Hulton Street is rented at £9,000pa to another new tenant and
has been recently refurbished. 53 Hulton Street is a double
fronted former terraced house with an extension on the ground
floor creating a larger than usual 1 bedroom flat with separate
entrance at the rear. All of the properties being sold benefit
from UPVC double glazed windows, UPVC front doors and gas
central heating
Location
49-53 Hulton Street is located adjacent to Town Road which
leads into Hanley city centre at the west and out of the city and
past Central Forest Park a short walk to the north. The property
is around a third of a mile from the middle of Hanley and on a
number of bus routes around Stoke on Trent including access
to the main hospital and universities.
Viewings
As all units are occupied, viewings can be arranged but only at
certain times. Access to all elements cannot be guaranteed.
Services
All main services are connected. No services have been tested
by the agents. All of the flats have recently had new combi
boilers installed.
Tenancy Details
Number 49 ground is rented at £550pcm on a new AST and 49
first is rented for £600pcm on a new AST
Number 51 is rented on a new AST at £750pcm.
Number 53 ground is rented at £550pcm and 53 first is rented
at £525pcm, both on AST’s
VAT
The sale price is not subject to VAT.
Tenure
Available freehold of all three titles, subject to contract and
with the benefit of the existing AST agreements.
Council Tax
The residential tenants are responsible for payment of any
council tax where applicable.
All five properties are classed as Band A.
Stoke on Trent City Council Band A - £1,455pa (26/27).
Note: A single occupier may benefit from a 25% discount.
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two
forms of identification will be required (e.g. Photographic
driving license, passport, utility bill) from the applicant and a
credit check may also be required, the cost of which will be the
responsibility of the applicant. Where appropriate we will also
need to see proof of funds.
A rare opportunity to obtain a readymade property
portfolio of three former terraced houses in a selfcontained block. All properties are of brick elevation with
slate tile roof coverings originating from the Victorian era.
The portfolio consists of two 1 bedroom flats at 49 Hulton
Street, a 2 bedroom terraced house at 51 Hulton Street and two
1 bedroom flats at 53 Hulton Street. The flats at 49 Hulton
Street have been redecorated and new tenants have recently
moved in on new tenancy agreements and with new EPC’s. 51
Hulton Street is rented at £9,000pa to another new tenant and
has been recently refurbished. 53 Hulton Street is a double
fronted former terraced house with an extension on the ground
floor creating a larger than usual 1 bedroom flat with separate
entrance at the rear. All of the properties being sold benefit
from UPVC double glazed windows, UPVC front doors and gas
central heating
Location
49-53 Hulton Street is located adjacent to Town Road which
leads into Hanley city centre at the west and out of the city and
past Central Forest Park a short walk to the north. The property
is around a third of a mile from the middle of Hanley and on a
number of bus routes around Stoke on Trent including access
to the main hospital and universities.
Viewings
As all units are occupied, viewings can be arranged but only at
certain times. Access to all elements cannot be guaranteed.
Services
All main services are connected. No services have been tested
by the agents. All of the flats have recently had new combi
boilers installed.
Tenancy Details
Number 49 ground is rented at £550pcm on a new AST and 49
first is rented for £600pcm on a new AST
Number 51 is rented on a new AST at £750pcm.
Number 53 ground is rented at £550pcm and 53 first is rented
at £525pcm, both on AST’s
VAT
The sale price is not subject to VAT.
Tenure
Available freehold of all three titles, subject to contract and
with the benefit of the existing AST agreements.
Council Tax
The residential tenants are responsible for payment of any
council tax where applicable.
All five properties are classed as Band A.
Stoke on Trent City Council Band A - £1,455pa (26/27).
Note: A single occupier may benefit from a 25% discount.
Anti Money Laundering Regulations
In accordance with the anti-money laundering regulations, two
forms of identification will be required (e.g. Photographic
driving license, passport, utility bill) from the applicant and a
credit check may also be required, the cost of which will be the
responsibility of the applicant. Where appropriate we will also
need to see proof of funds.
Mortgage calculator
Monthly repayment
£1,475 per month
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