4 bed terraced house for sale

Kings Terrace, Stoke-On-Trent, 6 ST4

Type: 4-Bed HMO (House in Multiple Occupation)

Price: £270,000 (Off-Market Quick Sale)

Rental Income: £28,188 per annum (£2,349 monthly projected)

Rental Yield:

Gross Yield: 10.44%

Net ROI: 7.62% (after 12% management fee and estimated maintenance)

Target Tenants: Students and young professionals—ideal for those studying at Keele or Staffordshire Universities, or employed at Royal Stoke Hospital, Bet365, or Pure Gym.

🛏 Key Features

Ensuite Bedrooms: All four bedrooms include private modern ensuites with LED mirrors, showers, and fitted accessories.

Modern Interior Design: Recently refurbished to a high standard, tailored for comfortable, stylish living.

Fully Furnished: Includes double beds, desks, chairs, TVs, wardrobes, and wall art.

Fast Wi-Fi: High-speed internet access included—ideal for remote work or study.

Professional Management: Available via Red Panda Homes at a discounted 12% rate.

📍 Location Highlights

Royal Stoke Hospital: 25 min walk / 5 min drive

Town Centre: 15 min walk / 5 min drive

Stoke Train Station: 35 min walk / 5 min drive

Bet365 Headquarters: 20 min walk / 5 min drive

Pure Gym: 10 min walk / 5 min drive

🧾 Current Tenancies (Fully Let – 4 Tenants)

Room No Rent (pcm) Annual Rent Deposit Term

Room 1 £550.00 £6,600 £550 06 Feb 2024 – 05 Feb 2025

Room 2 £560.00 £6,720 £560 07 Sep 2023 – 06 Sep 2024

Room 3 £560.00 £6,720 £560 17 Oct 2023 – 16 Oct 2024

Room 4 £610.00 £7,320 £610 11 Aug 2023 – 10 Aug 2024

Total Annual Income: £27,360

Potential Market Rent: £28,188 p.a. Based on current local demand and configuration.

💷 Financial Breakdown

Asking Price: £270,000

Gross Yield: 10.44%

Net ROI: 7.62%

Stamp Duty Estimate: £11,600

Buyer Fee (2%): £5,400 (Payable to Red Panda Homes upon completion)

⚠️ Additional Notes

This is a registered HMO, not licensed—no license required for fewer than five tenants per local authority regulations.

Valuation Caveat: Mortgage lenders may assess based on bricks-and-mortar rather than commercial yield, which could create a mortgage valuation gap.

The property price is set by the vendor—Red Panda Homes is not responsible for valuation and is honouring the seller’s pricing.

📩 Enquiries:

📧

📱 WhatsApp: 📲 WeChat: ChrisMortgageBroker

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Bedroom

Bedroom

Bedroom

Bedroom

Ensuite

Ensuite

Ensuite

Ensuite

Kitchen

Living Room