Studio for sale

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Studio for sale

Flat 113 126 London Road, Newcastle ST5
£75,000

Price History

Initial price £80,000
18/02/24 £75,000
Price Change -6.25%

Description

This stylish and contemporary student studio apartment is located in Newcastle Under Lyme, within walking distance to the town centre and Keele University. The top-floor apartment offers a peaceful living environment with a comfortable bedroom, kitchen, and bathroom, and is designed to cater to the needs of students. The property boasts a range of communal facilities, including shared lounges, study areas, a gym, and a roof garden, providing a well-rounded living experience. With a long lease of 124 years, affordable ground rent of £350 per year, and an inclusive service charge, this property offers financial stability and ease of management. The location is ideal, with a 10-minute journey to both Keele University and the town centre, ensuring high demand from students. As an investor, you can expect a 10% net return on investment, making this studio apartment an attractive prospect for those seeking a lucrative venture in the property market.