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Studio flat for sale
PBSA Studio Apartment - One London Road
£66,500
PBSA Studio Apartment - One London Road
£66,500
Our Summary
- in purchase price) meaning this is a fully 100% hands free investment opportunity
Description
This tenanted studio apartment is located in a popular student PBSA development in the heart of Newcastle Under Lyme, within walking distance to Keele University and the Royal Stoke University Hospital. The apartment is fully furnished and comes with a kitchenette, desk area, and en-suite bathroom. The development offers on-site amenities including gyms, communal lounge rooms, and roof garden terraces. With a huge demand for fully enclosed accommodation in the area, this apartment is producing a 10% NET yield. The property is leasehold with a 125-year term, and the annual ground rent and service charge are £350 and £1,442, respectively. This is a hands-free investment opportunity, making it an attractive option for investors seeking a hassle-free return.