£73,000
1 bed flat for saleLondon Road, Newcastle, Stoke-On-Trent ST5
1 bed
1 bath
1 reception
- Leasehold
Reeds Rains - Newcastle Under Lyme
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About this property
Immaculate student accommodation
Potential gross yield 12%
Spacious double bedroom
Shower Room
Highly desirable location
Excellent transport links
Close to Keele University
24/7 concierge service
Gym within building
Roof terrace with views
For sale is an immaculate flat, perfectly suited for student accommodation. This property is an ideal investment opportunity with a potential gross yield of 12%. It boasts one bedroom, a reception room, a bathroom, and a kitchen. The bedroom is a spacious double room, fitting for a bedsit studio apartment. The bathroom is equipped with a walk in shower, a heated towel rail, and has been designed as a wet room for added convenience.
The property is located in a highly desirable area, with excellent public transport links, close proximity to local amenities, nearby schools, parks, and walking routes. It is ideal for students attending Keele University and staff from the Royal Stoke Hospital.
Some of the unique features of this property include a dedicated parking space, a gym within the building, a 24/7 concierge service, and a roof terrace that offers stunning views.
The property has an EPC rating of 'A' and falls under the council tax band 'A', making it a highly energy-efficient and cost-effective accommodation.
As an estate agent, I would highly recommend this property to students, hospital staff, and investors looking for an excellent return on investment.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
NLY240375/8
Studio Apartnment
Double Bed, kitchenette, table & Chairs, Double Wardrobe.
Shower Room
Communal Roof Terrace
Communal Gym
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More information
Tenure
Leasehold (246 years)
Service charge
Council tax band
A
Ground rent
£350
Ground rent date of next review