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Studio apartment for sale
Kiln House, London Rd, Stoke-on-Trent, ST4 1AB
£50,000
Kiln House, London Rd, Stoke-on-Trent, ST4 1AB
£50,000
Price History
Initial price | £58,000 |
12/04/24 | £53,500 |
19/04/24 | £50,000 |
Price Change | -13.79% |
Description
This is a student investment opportunity in Stoke on Trent, England, with a guaranteed rent until October 2024. The property is a tenanted studio apartment with no ground rent, offering a gross rent of £5,980 per annum and a guaranteed net yield of 10.31%. The apartment is fully furnished and features a double bed, study area, kitchenette, and modern en suite bathroom. The location is ideal for students, with Staffordshire University nearby and the city centre offering retail, nightlife, and amenities. The property is part of a larger regeneration scheme in Stoke, which aims to revitalize the city and create jobs and economic growth.