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London Road, Newcastle-under-Lyme, Staffordshire

PROPERTY TYPE

Terraced

BEDROOMS

6

BATHROOMS

6

SIZE

1,658 sq ft

154 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Excellent 6 Bed HMO
  • Prime Location to Royal Stoke Hospital
  • High Occupancy Levels
  • Developed To A High Standard in 2021
  • Gross Income - £43,000 PA
  • Gross Yield - 11.62%

Description

The Asset Brokers are delighted to present this fantastic HMO opportunity to the market. Located in a prime position in Newcastle Under Lyme. Generating a gross income of £43,000 PA and a gross yield of 11.62%.

The property was developed in 2021 to a very high standard by local and reputable developers and has had excellent occupancy since.

Benefitting from 5 x studio rooms with en suites and kitchenettes, 1 further en suite room and a modern kitchen/diner.

The location of the property is a prime selling point due to being only 0.3 miles walk from The Royal Stoke Hospital and this is why the property has always performed very well with NHS tenants.

The property is currently well managed by a local managing agent, meaning a perfect hands off investment.

Full financials available on request - New EPC to follow.

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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London Road, Newcastle-under-Lyme, Staffordshire

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stoke-on-Trent Station1.6 miles
  • Longport Station2.5 miles
  • Longton Station3.6 miles
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Disclaimer - Property reference TLA-14265154. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by The Asset Brokers Ltd, Liverpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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