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Back to search: Newcastle or Marsh Parade

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0 bed Studio property

Available
For Sale
Listed Mar 26, 2024
£75,000
Available

Mouseprice is the only UK property site with a Value Guide. We have compared the asking price to our own Mouseprice valuation to help you make an informed decision when buying or renting your next property.

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The Mouseprice Value Guide tells you how the asking price of a property compares to the market price of other properties with similar attributes including property type, location and floor area. Note that some aspects of a property are not considered by the Value Guide such as the condition and home improvements so it is important you do your own research.

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Description

" We are pleased to be able to offer the chance for investors to purchase a tenanted studio apartment in this very popular student PBSA development. The development is located in the heart of Newcastle Under Lyme,approximately 0.3 miles south of the town centre, and providing accommodation to students attending Keele University & the Royal Stoke University Hospital.

The apartment comes fully furnished incl. in purchase price meaning this is a fully 100% hands free investment opportunity.

This is a full studio apartment, comprising of a bedroom with kitchenette and a desk area, with a separate en suite bathroom shower .

Tenants of ONE London road have the benefit of on site gyms, communal lounge rooms with pool tables and flat screen tvs, and roof garden terraces overlooking a park.

There is a huge demand for this type of accommodation in the area as students look for fully enclosed places where they don‘t have to share kitchen and bathroom facilities normally found in many University campuses.

Apartments in this block are producing a 10% NET yield.

Tenure Leasehold 125 years
Ground Rent £350 per year
Service Charge £1,750 per year
"

Property Location

Average Price
Crime
Nearby Schools
Paxman Academy
2,445.5mi
Didcot Sixth Form College
2,508.2mi
Landewednack Community Primary School
3,466.4mi
Grade-Ruan CofE School
3,468.0mi
Coverack Primary School
3,469.5mi
Nearby Stations
London Charing Cross Station
0.0mi
London Road (Guildford) Station
0.0mi
Glasgow Queen Street Low Level Station
0.0mi
Glasgow Central Low Level Station
0.0mi
London Road (Brighton) Station
0.0mi
Schools
Stations
On the map
Road view

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