London Road, Newcastle-Under-Lyme, ST5
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Studio apartment
- Pre-let investment
- Student living
- Balcony
- Access to Keele University
- Close to Hosptial
- First Floor
- Walking distance to town
- On site facilities
- Great location
Description
Nicholas Humphreys present this studio apartment in a purpose built apartment complex catering for students and medical workers. This pre-let studio apartment is ideally located for Royal Stoke University Hospital and Keele University and is a ideal opportunity as a buy to let investment.
One London Road is a modern development of purpose built investment apartments, with a range of on site facilities including, communal lounge, gym, court yard and garden, disabled access, bike storage and more.
This first floor apartment includes an open plan living area with kitchen facilities and an ensuite shower room.
Located off the A34; a great location within Newcastle-under-Lyme for students and medical workers with the town centre (with bus terminal) within walking distance and links to major roads such the A500, A50 and M6 motorway.
Leasehold 125 years from 5 March 2021.
Ground rent £350 per annum.
Management fee 5.5% plus VAT.
Service charge approx. £1200 per annum. Note the service charge is paid out of the assured rent period. Service charges are based on actual costs incurred in each quarter and pooled with other investors.
Rental income for academic year 2023/24 approx. Gross £8700 - £172 per week on a 51 week term, this years rent to be confirmed (before service charge, ground rent and management fee).
Council tax band A - students exempt.
Information about Nicholas Humphreys
Nicholas Humphreys Estate Agents will sometimes refer sellers (and will offer to refer buyers) to Altium Law & Simply Conveyancing for conveyancing services. It is your decision as to whether or not you choose to deal with these conveyancers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of up to £240 including VAT from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to East Cheshire Mortgages and The Mortgage Advisor for mortgage services. . It is your decision as to whether or not you choose to deal with these mortgage brokers. Should you decide to use the conveyancers named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £250 from them, for recommending you to them.
Nicholas Humphreys Estate Agents will sometimes refer buyers to Countrywide Surveyors. It is your decision as to whether or not you choose to deal with this company. Should you decide to use the surveyor named above, you should know that Nicholas Humphreys Estate Agents would receive a referral fee of £100 from them, for recommending you to them.
Tenure: Leasehold,Entrance
2.25m x 1.43m (7'5" x 4'8")
Wooden front door, wall mounted intercom, inset ceiling light point, door to shower room, open to living space.
Living Space
4.05m x 2.95m (13'3" x 9'8")
Living Area
UPVC double glazed window and UPVC double glazed patio door to balcony, wall mounted electric heater, inset ceiling light points, desk with wall shelving, bed base, wardrobe.
Kitchen Area
Gloss finish fitted units to wall and base level with work surface and under unit light point incorporating a stainless steel sink and drainer with mixer tap, two ring electric hob with extractor and light point above, integral fridge with ice box, integral microwave.
Shower Room
2.18m x 1.21m (7'2" x 4'0")
White suite comprising W/C, pedestal wash hand basin with mixer tap and tiled splash back, shower enclosure with wall mounted mains shower and tiling, wall mounted electric towel radiator, inset ceiling light points and extractor.
Balcony
3.56m x 1.67m (11'8" x 5'6")
Decking patio area with glass and chrome balustrade, roof light point.
Agent Note
Leasehold 125 years =from 5th March 2021. .
Ground rent £350 per annum.
Management fee 5.5% plus VAT.
Service charge approx. £1200 per annum . Note the service charge is paid out of the assured rent period. Service charges are based on actual costs incurred in each quarter and pooled with other investors.
Rental income for academic year 2023/24 approx. Gross £8.700 - £172 per week on a 51 week term, this years rent to be confirmed (before service charge, ground rent and management fee).
Council tax band A - students exempt.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
London Road, Newcastle-Under-Lyme, ST5
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About Nicholas Humphreys, Stoke-On-Trent
42 Piccadilly, Hanley, ST1 1EGNicholas Humphreys estate agents in the heart of Stoke-on-Trent is part of a national estate agency group successfully selling and renting homes across the United Kingdom.
Our dedicated sales team are here to help you to get the best price for your property, providing excellent customer service and to make your next move as smooth as possible.
Call us today to find out about our fantastic marketing techniques including auction sales and to arrange your free no obligation valuation.
If you are looking to buy a property, contact us to register your details and to receive property alerts direct to your mobile to keep up to date with our latest new instructions. Call us today to register.
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Visit our security centre to find out moreDisclaimer - Property reference P2353. 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 Nicholas Humphreys, Stoke-On-Trent. 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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