Flat 114 126 London Road, Newcastle ST5 Studio for sale

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Flat 114 126 London Road, Newcastle ST5 Studio for sale

Flat 114 126 London Road, Newcastle ST5
£67,500

Our Summary

  • With 124 years left on the lease, this property offers long-term security and a solid investment opportunity
  • In summary, this student studio apartment in Newcastle-Under-Lyme presents an exceptional investment opportunity

Description

This stylish and contemporary student studio apartment in Newcastle Under Lyme offers a fantastic investment opportunity. Located in an ideal position near the town centre and Keele University, the property boasts a top-floor studio apartment with 124 years left on the lease, providing long-term security and a solid investment prospect. The ground rent is set at an affordable £350 per year, and the service charge, which includes bills, is conveniently charged within the tenant's rent. The studio apartment is well-designed to cater to the needs of students, featuring a comfortable living space with all necessary furniture provided. The development also offers a range of communal facilities, including shared lounges, communal study areas, a gym, and a roof garden, providing a well-rounded living experience for students. With an impressive 10% net return on investment, this property is an attractive prospect for those seeking a lucrative venture in the property market.