£300,000

Industrial for sale

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Just added
Freehold

Fixed price

£300,000

(£4,545.45/sq. ft)

Industrial for sale

31 Albert Street, Newcastle ST5

From 66 - 1,252 sq. ft

Local area information

Property location

Nearby amenities

  • Newcastle-under-Lyme School 0.2 miles
  • Harpfield Primary Academy 0.2 miles
  • Stoke-on-Trent 1.5 miles
  • Longport 2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • En-suite bathrooms in all the bedrooms
  • Scope to generate a gross income of around £60,000 per annum
  • Close to Royal Stoke Hospital with excellent transport links
  • EPC: 56 (Band D)
Description

A substantial two-storey solid brick-built property, finished with painted render and surmounted by a pitched clay tiled roof. This vacant property comprises nine generously proportioned en-suite bedrooms, offering an
exceptional opportunity for conversion or refurbishment to maximise income potential. Conveniently located within close proximity to the Royal Stoke University Hospital, the property also benefits from excellent transport links to both Keele University and Staffordshire University, making it ideally suited for student or key worker accommodation. Upon renovation, the rooms are anticipated to command rental income in the region of £500 to £600 per room per calendar month, presenting a highly attractive yield for discerning investors.

Location

The property is located on Albert Street, approximately 0.3 miles east of Newcastle-under-Lyme town centre and within 1.2 miles of Royal Stoke University Hospital. The area is well connected via the A527 and A34, with a mix of residential and commercial uses nearby.

VAT

The sale price is not subject to VAT.

Tenure

Freehold.

Services

All mains services are connected. Gas fired central heating installed. No services have been tested by the agents.

Anti Money Laundering Regulations

In accordance with the anti-money laundering regulations, two forms of identification will be required (e.g. Photographic driving license, passport, utility bill) from the applicant and a credit check may also be required, the cost of which will be the responsibility of the applicant. Where appropriate we will also need to see proof of funds.

Floor plans and tours

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Rory Mack Associates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Rory Mack Associates for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Staffordshire
  4. Newcastle-under-Lyme
  5. Albert Street