Block of flats

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Block of flats

Hempstalls Lane, Newcastle Under Lyme ST5
£800,000

Price History

Initial price £840,000
13/02/25 £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 tenants currently in place. The properties feature spacious living areas, modern kitchens, bedrooms, and bathrooms, and are generating a steady annual gross income of £56,160. The investment potential is attractive, with a worthwhile addition to an investor's portfolio, considering the purchase price. The current tenants are long-term, providing a stable rental income stream.