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6 bedroom terraced house for sale
London Road, Newcastle-under-Lyme, Staffordshire
£350,000
London Road, Newcastle-under-Lyme, Staffordshire
£350,000
Price History
Initial price | £360,000 |
15/10/24 | £350,000 |
Price Change | -2.78% |
Description
The Asset Brokers are offering a fantastic HMO opportunity in Newcastle Under Lyme, generating a gross income of £43,000 per annum and a gross yield of 11.94%. The property, developed to a high standard in 2021, boasts 6 en-suite rooms, including 5 studio rooms with kitchenettes, as well as a modern kitchen/diner. Its prime location, just 0.3 miles from The Royal Stoke Hospital, has consistently attracted NHS tenants, making it a reliable and hands-off investment. The property is currently managed by a local agent, with full financials available upon request.