1-bedroom flat · ST4 6EH
For saleListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Heywoods Estate Agents welcome to the market this spacious one-bedroom first-floor apartment, ideally situated on Victoria Street in the popular Basford area of Stoke-on-Trent.
The property is being sold with tenants in situ, currently paying £400 per calendar month, offering an immediate rental income from completion.
There is also potential to increase the rent in line with current market values, subject to the appropriate tenancy terms and requirements.
The accommodation is generously proportioned throughout and includes a bright and spacious lounge with ample room for both living and dining furniture.
Multiple windows allow plenty of natural light into the room, creating a pleasant and versatile living space.
The separate kitchen is fitted with a range of units and work surfaces, together with cooking facilities, space for appliances and a useful breakfast bar area.
The main bedroom is a comfortable double room with plenty of space for additional bedroom furniture, while a separate study provides valuable additional accommodation that could be used as a home office, dressing room or storage space.
A separate shower room completes the internal accommodation.
The property is particularly well positioned for access to the Royal Stoke University Hospital, making it an appealing location for those working within the hospital and surrounding healthcare facilities.
Basford also provides convenient access to Newcastle-under-Lyme, Stoke-on-Trent and a range of local shops, amenities and transport links.
With tenants already in occupation and currently generating £400pcm, together with the potential for future rental growth towards market value, this well-located apartment represents an attractive opportunity for landlords and investors looking to add to or expand their property portfolio.
Viewing is recommended to appreciate the spacious accommodation and convenient location on offer.
EPC Rating: D Lounge (6.11m x 3.57m) Main Bedroom (3.67m x 3.39m) Kitchen (3.45m x 3.22m) Study (2.06m x 1.86m) Shower Room (2.70m x 2.12m) Agents Notes Council Tax Band - A EPC Rating - D Tenure - Freehold Disclaimer These particulars are provided for general guidance only and do not form part of any offer or contract.
Whilst every effort has been made to ensure the information is accurate, it should not be relied upon as statements or representations of fact.
Neither the vendor nor the agent make any warranty or representation regarding the property and the agent has no authority to do so on behalf of the vendor.
All measurements, areas and distances are approximate and photographs are for illustrative purposes only.
Fixtures, fittings, appliances and services referred to have not been tested and no guarantee can be given as to their condition or working order.
Material information has been provided by the seller and other sources and should be independently verified by prospective purchasers through inspection and by consulting their solicitor or surveyor.
If your offer is accepted, a £36 fee will apply for Anti-Money Laundering identity checks.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About 111a Victoria Street, Stoke-On-Trent
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