1 bedroom flat for sale

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1 bedroom flat for sale

Spark Street , Stoke-On-Trent ST4
£55,000

Price History

Initial price £60,000
21/09/24 £55,000
Price Change -8.33%

Description

This studio apartment is a pre-let investment opportunity located in the town centre of Stoke, ideal for students at Staffordshire University Hospital. The apartment is situated in Poulson House, a modern development with on-site facilities including a communal recreation room, gym, laundry room, and games room. The studio apartment is on the third floor and features an open-plan living space with kitchen and separate shower room. With a council tax band A and students exempt, this property offers a high yield of approximately 6.5%. The complex is within walking distance to Stoke Railway Station, the university, and the A500, providing easy access to the M6 motorway. With a rental income of £5,500 per annum and a service charge of £1,049.13, this property is an attractive investment opportunity for those looking to invest in the student buy-to-let market.