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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
£40,000
Flat 26 Block 3, OneLondon Road, Newcastle under Lyme, Staffordshire, ST5 1LZ
£40,000
Our Summary
- Guide Price £40,000 * 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 apartment is being sold by unconditional online auction with a guide price of £40,000, plus a 5% buyers premium and VAT. The property is a self-contained studio flat with an en-suite bathroom, located in a building with a fully equipped gym, laundry, and access to a large rooftop terrace. The flat also comes with its own dedicated parking bay. The property is currently rented until July 2025 at a weekly rent of £150, offering an excellent investment opportunity with a 20% gross yield. The location is ideal, with easy access to the town centre, university hospital, and public transport links to nearby universities and cities. The sale is unconditional, meaning the buyer is legally bound to purchase the property once the hammer falls, and the vendor is legally bound to sell. The auction conditions require a full legal completion 28 days following the auction.