Hempstalls Court, Hempstalls Lane, Newcastle-Under Lyme, ST5 0TJ
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Ground floor
- Modern high standard
- Investment opportunity
- Lease allows short term let
- Two bedroom apartment
- Secure intercom access
- Permit parking available
- Well connected transport links
Description
Newcastle-under Lyme is a charming market town in North Staffordshire. The town has a population of over 75,000 and has become a very popular choice for students studying at the nearby Keele University. This university was founded in 1949 and is the UK's largest campus university combining research facilities and a science park. With the town being strategically placed on the commuter belt it makes the ideal base for working professionals ensuring a steady demand for high quality accommodation such as Hempstalls Court.
Newcastle-under-Lyme Borough secured £11million from the Government’s Future High Street Fund for the Ryecroft development blueprint, with £3.5million allocated to the car park development and £3million for York Place, with plans in the work for public open spaces, shops and offices and take the next steps towards the building of a 100-bed hotel. Such plans will inevitably provide a boost to the local economy, create jobs and increase the desirability of the area which will have a positive impact on rents and property values. Don’t miss out and enquire today.
Financial Breakdown
Gross Rent: £8,580.00
Net income: £7,490.71
Gross yield: 7.03%
Net yield: 6.14%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07955
- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Hempstalls Court, Hempstalls Lane, Newcastle-Under Lyme, ST5 0TJ
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Visit our security centre to find out moreDisclaimer - Property reference YL-07955. 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 yieldit, Manchester. 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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