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OneLondon Road, Newcastle under Lyme ST5 1 bed apartment for sale
Flat 26 Block 3, OneLondon Road, Newcastle under Lyme, Staffordshire, ST5 1LZ
£35,000
Flat 26 Block 3, OneLondon Road, Newcastle under Lyme, Staffordshire, ST5 1LZ
£35,000
Our Summary
- Guide Price £35,000 - £45,000 * Plus 5% Buyers Premium + VATFor sale by unconditional online auction
- To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa
- The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated)
- Pre Auction Offers Are ConsideredThe seller of this property may consider a pre-auction offer prior to the auction date
- All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit
- To make a pre-auction offer we will require two forms of ID,
- EXCELLENT INVESTMENT OPPORTUNITY
Description
This well-presented student apartment is being sold by unconditional online auction with a guide price of £35,000-£45,000, plus a 5% buyers premium and VAT. The property is let for the upcoming academic year from September 2025 to August 2026 at a strong rental rate of £160 per week, providing a gross yield of 20%. The apartment is fully self-contained with an en-suite bathroom, access to a fully equipped gym, laundry, and a large rooftop terrace. It also comes with its own dedicated parking bay, a rare asset in the development. The property is located in an ideal location, close to the town centre, university hospital, and shopping area, with regular bus services to nearby universities and the city centre. The buyer will be required to pay a 5% deposit and a 5%+VAT buyers premium, and contracts will be exchanged immediately following the auction.