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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 for Investment - Prime Student Location
Price: £75,000 Net Yield: 10.24%
We are excited to present this tenanted studio apartment in the sought-after ONE London Road development in Newcastle-under-Lyme, just 0.3 miles from the town centre. Perfect for Keele University and Royal Stoke University Hospital students, this fully furnished property offers a hands-free investment opportunity with £199pw rental income for 51 weeks per year.
Property Highlights:
Fully self-contained studio with bedroom, kitchenette, desk area, en-suite bathroom & front-facing balcony..
Access to on-site amenities: gym, communal lounge with pool tables and TVs, and rooftop garden terraces.
High demand for private, fully enclosed student living spaces.
10% NET yield potential.
Don't miss out on this exceptional opportunity! Contact us today to arrange a viewing or for further details.
Tenure: Leasehold (125 years)
Ground Rent: £350 per year
Service Charge: £1,442 per year
Price: £75,000 Net Yield: 10.24%
We are excited to present this tenanted studio apartment in the sought-after ONE London Road development in Newcastle-under-Lyme, just 0.3 miles from the town centre. Perfect for Keele University and Royal Stoke University Hospital students, this fully furnished property offers a hands-free investment opportunity with £199pw rental income for 51 weeks per year.
Property Highlights:
Fully self-contained studio with bedroom, kitchenette, desk area, en-suite bathroom & front-facing balcony..
Access to on-site amenities: gym, communal lounge with pool tables and TVs, and rooftop garden terraces.
High demand for private, fully enclosed student living spaces.
10% NET yield potential.
Don't miss out on this exceptional opportunity! Contact us today to arrange a viewing or for further details.
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 tax
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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
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