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Tenanted Studio Apartment
Tenanted Studio Apartment - One London Road
£49,950
Tenanted Studio Apartment - One London Road
£49,950
Our Summary
- One London Road Student ApartmentsApartment 79 (Block 2) - Studio ApartmentPurpose-Built Student Accommodation (PBSA) Investment OpportunityPrice: £49,950NET Return: 8
- PBSA Investment Opportunity
Description
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Here is a summary of the property description in a single paragraph:
This is an investment opportunity to purchase a fully tenanted, fully furnished studio apartment in the One London Road PBSA development in Newcastle-under-Lyme. The apartment is located near Keele University and Royal Stoke University Hospital, making it an attractive option for medical and university students. The property is fully furnished and includes modern amenities such as a gym, communal lounge rooms, and roof garden terraces. The apartment is tenanted and generates a NET return of 8.1%, with rents for the 2025/26 academic year fixed at £6,525. The ground rent is £350 per year and the service charge is £1,642 per year. This is a hands-free investment, ideal for investors seeking a secure and passive income stream.