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Courtyard Beasley Avenue, London... Residential portfolio for sale
Courtyard Beasley Avenue, London Road, Newcastle Under Lyme Staffordshire ST5
£980,000
Courtyard Beasley Avenue, London Road, Newcastle Under Lyme Staffordshire ST5
£980,000
Our Summary
- Located in the heart of Courtyard Beasley Avenue on London Road in Newcastle Under Lyme, this unique property offers a fantastic investment opportunity
- Situated in a superb location, this part block of apartments is for sale under auction terms and conditions
- Don't miss out on this fantastic investment opportunity
Description
This unique property in Newcastle Under Lyme is a fantastic investment opportunity, offering a range of apartments with desirable features such as alarms, central heating, double glazing, and secure parking. The property is situated in a superb location, close to local amenities, schools, and public transportation, and is held under a lease for 125 years with 106 years unexpired. The apartments have a strong rental income potential, with a total annualised rent roll of £46,140, and the management company is included in the sale, offering the opportunity to charge service charges from 2025 and benefit from ground rents. The property is being sold under auction terms and conditions, with a buyer's premium of 2% of the sale price, a minimum of £5,000 + VAT, payable upon exchange of the contract.