2 bedroom Terraced House For Sale
£130,000 | For Sale
Northwood are pleased to offer for sale this two-bedroom mid-terrace investment property located in the popular and convenient area of Penkhull, ideally suited to buy-to-let investors and being sold with a tenant in situ currently paying £725 per calendar month (£8,700 per annum).
This represents an attractive ready-made investment opportunity, offering an approximate 6–7% gross yield depending on purchase price, in an area known for consistent tenant demand.
The property offers well-proportioned accommodation throughout. To the ground floor there is a spacious through lounge/dining room, providing flexible living space with a feature fireplace and good natural light.
To the rear of the property is a fitted kitchen with generous worktop and storage space, which leads through to the ground floor bathroom suite comprising bath with shower over, wash basin and WC.
To the first floor are two well-sized bedrooms, both offering comfortable accommodation with natural light and neutral décor.
Externally the property benefits from a low maintenance enclosed rear yard/garden area, providing practical outdoor space for tenants.
Situated in Penkhull, the property is ideally located for access to Royal Stoke University Hospital, Newcastle-under-Lyme, local amenities, shops, schools and transport links, making it a consistently strong rental location for investors.
With a tenant already in place producing £725 PCM, this property offers immediate income from day one and a straightforward addition to any investment portfolio.
Early enquiries are recommended. EPC rating: D. Council tax band: A, Tenure: Freehold,
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