# 2 bedroom flat for rent (ST1 3SW) ## Property Details | Key | Value | |-----|-------| | Address | Stubbs Lane, Stoke-On-Trent, Staffordshire, ST1, ST1 3SW | | Price | £693 pcm | | Bedrooms | 2 | ## Description RETIREMENT LIVING SCHEME- We're pleased to advertise various two-bedroom flats in Hanley, Stoke-on-Trent. This home benefits from storage heating and double glazing throughout and has one double bedroom and one single, housing a maximum of three people. It also has 2 communal gardens and 3 communal car parks for you to use. Parking is offered on a first come first served basis. Our properties are unfurnished with no carpets, curtains, furniture, or white goods. Offers will be subject to affordability checks and references. The successful applicant will be required to pay a minimum of one weeks rent in advance before you sign up. Our schemes are for applicants with the age requirement of 50+ only. All household members must meet this age criteria. We may look at your application for this home even if it has more bedrooms than you need. If you apply, we'll need you to show us that you can afford to pay the rent for the extra bedroom. If not of pension age or self-funded, bedroom tax may be charged. The scheme is made up of 118 Units over 5 floors within the building served by 2 lifts and several stairwells. The properties are heated by electric storage heaters, please note there is no gas supply within the property. Electric meters are situated outside each individual property and electricity is the resident's responsibility to set up and pay separately to the service charge. Mobility scooters will need to have permission granted before signing up and a risk assessment will need to be undertaken. There are 2 communal lounges within the scheme, the main lounge houses comfortable seating for socializing and there is a small kitchen area next door to make teas and coffee. This lounge is also used for large events such as birthday parties, Christmas events and special occasions. The smaller lounge is known as The Spitfire Lounge and houses books, games, and a TV. Within the scheme, situated on the ground floor, there is a communal laundry which is accessed by residents between the hours of 8am and 8pm. Other communal areas include a convenience shop, library, hairdresser`s, mobility scooter storeroom, assisted bathroom and a guest room that's available to rent for your visitors. Are there local amenities? Reginald Mitchell court is situated next to 2 GP surgeries and 2 pharmacies, both within a 2-minute walk. Within a 5-10-minute walk you can access Hanley city centre where you will find retail shops, cafes, bars and restaurants as well as multiple supermarkets within walking distance. Hanley offers great transport links as the bus station is less than a 10-minute walk from the scheme and Stoke train station is only 5 minutes' drive by car/taxi. The local park, museum, theatres and cinema can be reached via car/taxi in less than 5 minutes. ## Property Photos - ![Photo](/listings/photos/153542996/470200) - ![Photo](/listings/photos/153542996/470204) - ![Photo](/listings/photos/153542996/470220) - ![Photo](/listings/photos/153542996/470223) - ![Photo](/listings/photos/153542996/470228) - ![Photo](/listings/photos/153542996/470230) - ![Photo](/listings/photos/153542996/470231) ## EPC Graphs - ![EPC](/listings/photos/153542996/470232) - EPC ## Rental Range *ONS Price Index of Private Rents (Stoke-on-Trent). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £636/mo - **Realistic:** £707/mo - **Optimistic:** £778/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Staffordshire North (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £479/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | [Stubbs Lane, Stoke-On-Trent, Staffordshire, ST1](http://87.117.209.195:8080/listings/797f8eb) | £693/mo | 2 | 0 miles | Rightmove | | [New Bernard Street, Hanley](http://87.117.209.195:8080/listings/4ef6490) | £850/mo | 2 | 0.09 miles | Rightmove | | [New Bernard Street, Hanley](http://87.117.209.195:8080/listings/5992550) | £850/mo | 2 | 0.09 miles | Rightmove | | [Wellington Street, Stoke-on-Trent, Staffordshire, ST1](http://87.117.209.195:8080/listings/325c267) | £650/mo | 2 | 0.15 miles | Rightmove | | [John Street, Stoke-On-Trent, ST1](http://87.117.209.195:8080/listings/0f95cbb) | £795/mo | 2 | 0.24 miles | Rightmove | | [The Webberley, Stoke-On-Trent, ST1](http://87.117.209.195:8080/listings/2d1fe0f) | £620/mo | — | 0.29 miles | Rightmove | | [Tintern Street, Hanley](http://87.117.209.195:8080/listings/3a45009) | £775/mo | 2 | 0.29 miles | Rightmove | | [Tintern Street, Stoke-on-Trent, Staffordshire, ST1](http://87.117.209.195:8080/listings/e84eace) | £795/mo | 2 | 0.29 miles | Rightmove | | [Hazelhurst Street, Stoke-on-Trent, Staffordshire, ST1](http://87.117.209.195:8080/listings/0df0d4e) | £700/mo | 2 | 0.29 miles | Rightmove | | [Stafford Street, Stoke-on-Trent, ST1](http://87.117.209.195:8080/listings/a8431ae) | £575/mo | — | 0.29 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/82b75ee) | £1,000/mo | 2 | 0.37 miles | Rightmove | | [Moxons Island, 48 Stafford Street, Stoke-on-Trent, Staffordshire, ST1](http://87.117.209.195:8080/listings/0cb1b74) | £525/mo | — | 0.38 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/0a6b094) | £825/mo | — | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/8ba40b9) | £825/mo | — | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/8602134) | £875/mo | — | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/1511edf) | £895/mo | — | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/d39217d) | £1,100/mo | 2 | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/7566e98) | £1,100/mo | 2 | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/f8571c5) | £875/mo | — | 0.39 miles | Rightmove | | [Clayworks, Hanley](http://87.117.209.195:8080/listings/eb293a8) | £825/mo | — | 0.39 miles | Rightmove | **Average rent: £783/mo (51 listings)** ## Rent-driven metrics *Based on OpenRent comparables (median £825/mo).* - **Gross yield:** 1428.6% - **Monthly cashflow:** £715/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4267.9% *Gross yield = annual rent as % of price (no costs). Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)