BWP Commercial Property says ..

Property Oracle says ..

This listing is for an entire block of 18 apartments, not individual units. The property consists of a multi-story apartment building situated in Stoke-on-Trent, Staffordshire. The building has a contemporary design with external spiral staircases and features brick and glass construction. The interior photos suggest well-maintained individual units, at least in the examples shown. The property has a listed current gross income of £131,282 per annum, making this an investment opportunity rather than the purchase of a single residential property. The investment opportunity would need a strong understanding of rental yields in Stoke-on-Trent and the potential for future rental growth and maintenance costs. The location is reasonably close to various schools, and public transport connections are available. However, the overall appeal of the location would depend on individual preferences and tolerance for the specifics of Stoke-on-Trent. The lack of land associated with this block of apartments is a notable aspect. The overall price of £1,150,000 needs to be considered in the context of the potential rental income and the typical yields for such investments in that area. A prospective buyer should obtain thorough legal and financial advice, including a comprehensive property survey, before committing to the purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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