Fixed price
£270,000
4 bed terraced house for saleKings Terrace, Stoke-On-Trent, 6 ST4
4 beds
4 baths
1 reception
EPC Rating: D
- Freehold
Red Panda Homes
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About this property
HMO
Investor Opportunity
Type: 4-Bed HMO (House in Multiple Occupation)
Price: £270,000 (Off-Market Quick Sale)
Rental Income: £28,188 per annum (£2,349 monthly projected)
Rental Yield:
Gross Yield: 10.44%
Net ROI: 7.62% (after 12% management fee and estimated maintenance)
Target Tenants: Students and young professionals—ideal for those studying at Keele or Staffordshire Universities, or employed at Royal Stoke Hospital, Bet365, or Pure Gym.
🛏 Key Features
Ensuite Bedrooms: All four bedrooms include private modern ensuites with LED mirrors, showers, and fitted accessories.
Modern Interior Design: Recently refurbished to a high standard, tailored for comfortable, stylish living.
Fully Furnished: Includes double beds, desks, chairs, TVs, wardrobes, and wall art.
Fast Wi-Fi: High-speed internet access included—ideal for remote work or study.
Professional Management: Available via Red Panda Homes at a discounted 12% rate.
📍 Location Highlights
Royal Stoke Hospital: 25 min walk / 5 min drive
Town Centre: 15 min walk / 5 min drive
Stoke Train Station: 35 min walk / 5 min drive
Bet365 Headquarters: 20 min walk / 5 min drive
Pure Gym: 10 min walk / 5 min drive
🧾 Current Tenancies (Fully Let – 4 Tenants)
Room No Rent (pcm) Annual Rent Deposit Term
Room 1 £550.00 £6,600 £550 06 Feb 2024 – 05 Feb 2025
Room 2 £560.00 £6,720 £560 07 Sep 2023 – 06 Sep 2024
Room 3 £560.00 £6,720 £560 17 Oct 2023 – 16 Oct 2024
Room 4 £610.00 £7,320 £610 11 Aug 2023 – 10 Aug 2024
Total Annual Income: £27,360
Potential Market Rent: £28,188 p.a. Based on current local demand and configuration.
💷 Financial Breakdown
Asking Price: £270,000
Gross Yield: 10.44%
Net ROI: 7.62%
Stamp Duty Estimate: £11,600
Buyer Fee (2%): £5,400 (Payable to Red Panda Homes upon completion)
⚠️ Additional Notes
This is a registered HMO, not licensed—no license required for fewer than five tenants per local authority regulations.
Valuation Caveat: Mortgage lenders may assess based on bricks-and-mortar rather than commercial yield, which could create a mortgage valuation gap.
The property price is set by the vendor—Red Panda Homes is not responsible for valuation and is honouring the seller’s pricing.
📩 Enquiries:
📧
📱 WhatsApp: 📲 WeChat: ChrisMortgageBroker
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Ensuite
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Living Room
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