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9 bedroom flat for sale
Hempstalls Lane, Newcastle Under Lyme, ST5
£800,000
Hempstalls Lane, Newcastle Under Lyme, ST5
£800,000
Price History
Initial price | £840,000 |
14/02/25 | £800,000 |
Price Change | -4.76% |
Description
This property is a block of six residential units, consisting of three 2-bedroom and three 1-bedroom flats, located in Newcastle Under Lyme with existing tenants. The properties feature spacious living areas, modern kitchens, bedrooms, and bathrooms, and are currently generating a steady annual gross income of £56,160. This presents a lucrative investment opportunity for investors looking to add to their property portfolio, with a worthwhile return considering the purchase price. The current tenants are long-term, making for a low-risk and stable investment.