Etruria Road, Basford, Stoke-On-Trent

This semi-detached property, configured as a six-bedroom house in multiple occupation (HMO), offers significant renovation and investment potential. Currently, three of the six rooms are rented out, generating an annual income of £18,000. With the right refurbishment, there's ample opportunity to increase rental income beyond the current £3,000 per month estimate. Situated in Basford with convenient access to local amenities and transport links to Newcastle Town Centre and Festival Park, this property is well-positioned for future returns. As it has been operating as an HMO for several years, renewing the HMO license will be necessary for continued use. Given the popularity of its location and the scope for improvement, this investment could yield substantial rewards for a new landlord. The property requires refurbishment to maximize its potential.