High Street, Newcastle ST5 10 bed apartment for sale

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High Street, Newcastle ST5 10 bed apartment for sale

High Street, Newcastle ST5
£280,000

Our Summary

  • This property presents a strong investment opportunity in a well-connected and historic location, with local amenities and transport links on the doorstep
  • This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")

Description

This unique detached shared house, formerly a Methodist church, offers a blend of character and functionality in its seven studio flats with en-suite bathrooms and three bedsit flats. The property features communal kitchen facilities and provides parking spaces for all residents, with additional on-street parking available for visitors. Currently fully occupied with the exception of one bedsit flat, it achieves a net yield of 16% per annum with no upward chain. Located on High Street in Newcastle-under-Lyme, the property is close to local amenities, green spaces, and schools, with public transport links including a bus station and railway station nearby. This property presents a strong investment opportunity in a well-connected and historic location, with local amenities and transport links on the doorstep.