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5 bed terraced house
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Our Summary
- Exceptional 5-Bedroom Student Investment Opportunity – 22 Hill Street, Newcastle-under-Lyme, ST5 2DW An outstanding opportunity to acquire a stylish and well-maintained five-bedroom student property in one of Newcastle-under-Lyme's most popular rental locations
- 75%, offering investors an attractive combination of immediate income and long-term investment potential
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Description
This mid-terrace property, located at 22 Hill Street, Newcastle-under-Lyme, offers five generously proportioned double bedrooms, each with a bed and mattress, wardrobe, chest of drawers, desk, and chair, as well as an ethernet connection. The communal lounge and spacious kitchen/diner provide a comfortable and practical space for tenants. Two bathrooms, including one with a bath and overhead shower and another with a contemporary walk-in shower, serve the needs of multiple occupants.
The property features UPVC double glazing, carpeted bedrooms, and durable tiled flooring in the kitchen and bathrooms, with all furniture included in the sale. The house is situated near Keele University, Newcastle-under-Lyme town centre, Royal Stoke University Hospital, and excellent public transport links, making it an attractive location for student tenants. The property includes five bedrooms, each with the following rental income: Room 1 - £550 pcm, Room 2 - £504 pcm, Room 3 - £504 pcm, Room 4 - £525 pcm, and Room 5 - £525 pcm, totaling £2,608 per month or £28,688 annually based on an 11-month academic tenancy.