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    Burlington Road, Stoke

    Offers Over £235,000Freehold

    441
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    Property Calculators

    Mortgage

    Estimated Monthly Mortgage Payment:
    ÂŁ1,087 /mo.25 Years, 3.75% Interest
    Loan
    ÂŁ211,500
    Total Repay
    ÂŁ326,216

    Stamp Duty

    You’ll have to pay the stamp duty of:
    ÂŁ2,200
    0% up to ÂŁ125,000
    2% from ÂŁ125,000 to ÂŁ235,000
    Your effective stamp duty rate is 0.94%
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    112 Walsgrave Road
    Coventry
    West Midlands
    CV2 4ED

    E: info@eliteproperty.co
    T: 024 7665 2200

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    Burlington Road, Stoke

    Offers Over £235,000

    4 Bedrooms4 Bathrooms1 Reception

    Key Information

    Tenure:Freehold
    Council tax band:A
    Broadband:up to 5500Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    EPC Rating: C
    Established four-bedroom HMO
    Private en-suite to every bedroom
    Potential income of £22,200 per annum
    Potential gross yield of approximately 9.45%
    Separate communal dining room with shower room
    Generous enclosed rear garden
    Separate parcel of land measuring approximately 14m Ă— 15m*
    Excellent access to local amenities and transport links
    Council Tax Band: A

    Description

    An excellent opportunity to acquire an established four-bedroom en-suite HMO, offered for sale with tenants in situ and a separate parcel of land included within the sale.

    The property is currently licensed as an HMO for up to five occupants, with the licence running until June 2027. Three of the four rooms are presently occupied, with a potential gross rental income of £1,850 per calendar month (£22,200 per annum) when fully let. At the asking price, this represents a potential gross yield of approximately 9.45%.

    Arranged over two floors, the accommodation extends to approximately 845 sq. ft. and comprises an entrance porch and hallway, four individually let bedrooms, each benefiting from a private en-suite shower room, a fitted communal kitchen and a separate dining/communal room. Outside is a generously sized enclosed rear garden.

    Tenants pay for their individual electricity usage through sub-meters, while gas, water, council tax and broadband are included within the rents.

    The sale also includes a parcel of land held under a separate title, offering possible longer-term potential, subject to all necessary planning and other consents.

    Located within easy reach of Coventry city centre, local amenities and key transport connections, this income-producing property is ideally suited to an established or aspiring HMO investor.

    Early viewing is recommended to appreciate the accommodation and investment opportunity available.
    Stoke Primary School
    (0.42 miles)
    Requires improvement
    Number of pupils: 474
    Age Range: 3 - 11
    St Mary and St Benedict Catholic Primary School
    (0.47 miles)
    Good
    Number of pupils: 345
    Age Range: 3 - 11
    Hillfields Nursery School
    (0.47 miles)
    Number of pupils: 144
    Age Range: 2 - 5
    Stoke Heath Primary School
    (0.5 miles)
    Good
    Number of pupils: 494
    Age Range: 2 - 11
    Sacred Heart Catholic Primary School
    (0.58 miles)
    Outstanding
    Number of pupils: 453
    Age Range: 3 - 11
    Stoke Park School
    (0.63 miles)
    Good
    Number of pupils: 1101
    Age Range: 11 - 18
    Pattison College
    (0.82 miles)
    Number of pupils: 147
    Age Range: 2 - 21
    Park View
    (0.85 miles)
    Number of pupils: 6
    Age Range: 7 - 18
    St Elizabeth's Catholic Primary School
    (0.95 miles)
    Good
    Number of pupils: 232
    Age Range: 3 - 11
    Lyng Hall School
    (0.98 miles)
    Good
    Number of pupils: 1014
    Age Range: 11 - 18