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10 bedroom flat for sale
124, 128, 137 -141, 143, 144, 147 The Metropolis, The Midway, Staffordshire, ST5 1FD
£525,000
124, 128, 137 -141, 143, 144, 147 The Metropolis, The Midway, Staffordshire, ST5 1FD
£525,000
Our Summary
- Attractive Investment Opportunity with Immediate Income Stream
Description
The investment property, "The Met", is a contemporary mixed-use development in Newcastle-under-Lyme, Staffordshire, featuring 10 self-contained studio apartments with modern amenities. Each apartment has an open-plan living and kitchen area, double bedroom, and bathroom, with lift access and communal amenities. The property is fully let on Assured Shorthold Tenancy agreements, generating a combined gross rental income of £83,487 per annum. The building is situated in the heart of the town, just 0.2 miles from the town centre, and is well-connected by public transport and road links, making it an attractive location for students and professionals alike.