Property Description

A substantial two-storey solid brick-built property, finished with painted render and surmounted by a pitched clay tiled roof offered with vacant possession. Scope for circa £60,000pa income. The property comprises nine generously proportioned en-suite bedrooms, offering an exceptional opportunity for conversion or refurbishment to maximise income potential. Conveniently located within close proximity to the Royal Stoke University Hospital, the property also benefits from excellent transport links to both Keele University and Staffordshire University, making it ideally suited for student or key worker accommodation. Upon renovation, the rooms are anticipated to command rental income in the region of £500 to £600 per room per calendar month, presenting a highly attractive yield for discerning investors. Ground Floor: Kitchen/Dining 318 Sq Ft Bedroom 1 116 Sq Ft Bedroom 2 91 Sq Ft Bedroom 3 91 Sq Ft Bedroom 4 110 Sq Ft First Floor: Bedroom 5 107 Sq Ft Bedroom 6 125 Sq Ft Bedroom 7 138 Sq Ft Bedroom 8 90 Sq Ft Bedroom 9 66 Sq Ft Total 1,252 Sq Ft Location The property is located on Albert Street, approximately 0.3 miles east of Newcastle-under-Lyme town centre and within 1.2 miles of Royal Stoke University Hospital. The area is well connected via the A527 and A34, with a mix of residential and commercial uses nearby

Draft Sales Details

These sales details are awaiting vendor approval.

Tenure

Freehold

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