Studio

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Studio

The Midway, Newcastle Under Lyme ST5
£58,500

Our Summary

  • This modern and stylish property offers an excellent investment opportunity, particularly for those looking to expand their portfolio in the thriving student rental market
  • Whether you are a first-time investor or looking to expand your portfolio, this modern studio apartment offers excellent potential

Description

This deluxe studio apartment is located in the heart of Newcastle-under-Lyme town centre, offering a prime investment opportunity in the thriving student rental market. The modern and stylish property features a well-appointed en-suite shower room, exclusive access to a gym and communal lounge, and is professionally managed by an onsite team. With no upward chain, the property is ready for immediate investment and is tenanted until August 2025, generating a total rent of £8,058 per year. The lease is 125 years from 2016, with a ground rent of £412 per year. The property offers a hassle-free, hands-off investment with strong rental demand, making it an ideal choice for first-time investors or those looking to expand their portfolio.