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£75,000
Pbsa Studio Apartment - One London Road, ST5
- 0 beds
£75,000
- 0 beds
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Estimate monthly mortgage payment:
£342 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£3,750
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Studio Apartment Investment - Ideal Student Accommodation
Price: £75,000 Net Yield: 10.24%
We are thrilled to offer Apartment 46, a tenanted studio on the 2nd floor of the highly desirable ONE London Road development in Newcastle-under-Lyme. Located just 0.3 miles from the town centre, it caters to students at Keele University and Royal Stoke University Hospital.
Apartment Features:
Fully self-contained studio with bedroom, kitchenette, desk area, en-suite bathroom & balcony.
Access to on-site gym, communal lounges, and rooftop terraces overlooking a park.
High demand for enclosed private student living spaces.
Investment Highlights:
Rental Income: £199pw for 51 weeks (£10,149 gross annual rent).
Fully furnished (included in price) for a hands-free investment.
Producing a 10% NET yield with proven demand.
Contact us now for further details or to arrange a viewing!
Tenure: Leasehold (125 years)
Ground Rent: £350 per year
Service Charge: £1,442 per year
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£342 per month
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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