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Price History
Our Summary
- PBSA Investment Opportunity
- One London Road Student Apartments Apartment 73 (Block 5) - Studio Apartment Purpose-Built Student Accommodation (PBSA) Investment Opportunity Price: £45,000 NET Return: 11
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Description
This studio apartment is a purpose-built student accommodation property located in Newcastle-under-Lyme. It features an open-plan bedroom with kitchenette and study space, a separate en-suite bathroom with shower, and modern furnishings. The apartment is tenanted and fully furnished, offering a hands-free investment opportunity with a net return of 10%.
The property benefits from on-site amenities such as a gym, communal lounges, and roof garden terraces. It is situated near Keele University and the Royal Stoke University Hospital, making it attractive to medical and university students. The development has a 125-year leasehold tenure, with annual ground rent of £350 and service charges of £2,062.24.