Studio Apartment for Investment - Prime Student Location
Price: £75,000 | Net Yield: 10.24%
We are excited to present this tenanted studio apartment in the sought-after ONE London Road development in Newcastle-under-Lyme, just 0.3 miles from the town centre. Perfect for Keele University and Royal Stoke University Hospital students, this fully furnished property offers a hands-free investment opportunity with £199pw rental income for 51 weeks per year.
Property Highlights:
Fully self-contained studio with bedroom, kitchenette, desk area, en-suite bathroom & front-facing balcony.. Access to on-site amenities: gym, communal lounge with pool tables and TVs, and rooftop garden terraces. High demand for private, fully enclosed student living spaces. 10% NET yield potential.
Don't miss out on this exceptional opportunity! Contact us today to arrange a viewing or for further details.
* Please note - Images are reference only and may not be the exact apartment.
Tenure: Leasehold (125 years) Ground Rent: £350 per year Service Charge: £1,642 per year
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
PBSA Studio Apartment - One London Road - Streetview
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