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Studio for sale
Flat 113 126 London Road, Newcastle ST5
£75,000
Flat 113 126 London Road, Newcastle ST5
£75,000
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 is located in Newcastle Under Lyme, within walking distance to the town centre and Keele University. The top-floor apartment offers a peaceful living environment with a comfortable bedroom, kitchen, and bathroom, and is designed to cater to the needs of students. The property boasts a range of communal facilities, including shared lounges, study areas, a gym, and a roof garden, providing a well-rounded living experience. With a long lease of 124 years, affordable ground rent of £350 per year, and an inclusive service charge, this property offers financial stability and ease of management. The location is ideal, with a 10-minute journey to both Keele University and the town centre, ensuring high demand from students. As an investor, you can expect a 10% net return on investment, making this studio apartment an attractive prospect for those seeking a lucrative venture in the property market.