Sandon Road

Stafford, ST16

Tenure: Freehold

INVESTOR OPPORTUNITY** Former Tenanted Property - Needs Refurbishing - All Certifications (Gas, Electric, Legionella) in Place - Two Double Bedrooms, One Reception, Kitchen, Bathroom - On Street Parking - NO CHAIN - REFURBISHMENT OPPORTUNITY : Market Rent £700 pcm / Yield +8%

A very affordable, much below market value (due to quick sale needed) property requiring cosmetic refurbishment (to the best of our knowledge, nothing structural). Previously let for 7 years, the property, once redecorated and carpeted, will let for £700pcm (normal market rent). It has the EICR and CP12 - Agent will provide a Legionella Risk Assessment for free. Searching on property portals you will see these properties, in reasonable condition, sell for £110k - £130k. Opportunity therefore to generate additional equity.

Additional Information:

The photos are stock photos - They are not entirely reflective of the current condition as wear and tear has occurred over time. 

The property has recently ended a tenancy and is launched to market as a refurbishment opportunity. It is in reasonable condition - requiring new carpets, new painting throughout, new kitchen units, bathroom redecorating, new oven and other straight forward repairs. 

Council Tax: Band A

Lettings property: Gas Safety (CP12), EICR (Electric) and LRA (Legionella) all current

EPC: D

We give notice that these particulars, although believed to be correct, do not constitute any part of an offer of contract, that all statements contained in these particulars as to this property are made without responsibility and are not to be relied upon as statements or representations of fact and that they do not make or give any representation or warranty whatsoever in relation to this property. Any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. The agent has not tested any apparatus, equipment, fixture, fittings or services and so cannot verify that they are in working order or fit for their purpose, neither has the agent checked the legal documents to verify the freehold/leasehold status of the property. The buyer is advised to obtain verification from their solicitor or surveyor.

EPC rating: D. Council tax band: A, Domestic rates: £1306, Tenure: Freehold,