Kiln House Student Studio — Stoke-on-Trent, ST4

Overview

A tenanted, purpose-built student studio in Kiln House, Stoke-on-Trent (ST4), offered at £45,000 and held on a long leasehold of approximately 244 years. The unit is let on an all-bills-inclusive basis with a passing rent of £6,630 per annum, reflecting a 14.7% gross yield at the asking price. A hands-off, cash-purchase income unit within easy reach of Staffordshire University.

Investment highlights

• Tenanted student studio with a passing rent of £6,630 per annum (all-bills-inclusive)
• 14.7% gross yield at the £45,000 asking price
• Long leasehold — approximately 244 years remaining; service charge £1,483 per annum
• ST4 location within easy reach of Staffordshire University
• Cash buyers only — clean, chain-free transaction