Burlington Road, Stoke
- PROPERTY TYPE
House Share
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
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 × 15m*
- Excellent access to local amenities and transport links
- Council Tax Band: A
Description
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.
Brochures
Burlington Road, StokeBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Burlington Road, Stoke
Add an important place to see how long it'd take to get there from our property listings.
__mins driving to your place
Affordability
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 34888686. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Elite, Coventry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.