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Albany Road, Newcastle, ST5

PROPERTY TYPE

Terraced

BEDROOMS

3

BATHROOMS

1

SIZE

969 sq ft

90 sq m

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

Key features

  • Excellent Buy-to-Let Investment Opportunity
  • Two/Three Bedroom Mid-Terraced Property
  • Two Separate Reception Rooms
  • Ground Floor Bathroom
  • Kitchen Requiring Modernisation
  • Additional Dressing Room or Study
  • Long Leasehold with No Ground Rent or Service Charge
  • Convenient for Newcastle Town Centre, A34, Royal Stoke Hospital and Keele University

Description

Heywoods Estate Agents welcome to the market this two/three bedroom mid-terraced property situated on Albany Road, Newcastle-under-Lyme. Offering an excellent investment opportunity, this spacious property benefits from two reception rooms, a kitchen, a ground floor bathroom, two well proportioned bedrooms and an additional room ideally suited for use as a dressing room or study. Requiring a programme of modernisation and updating throughout, the property presents an exciting opportunity for investors looking to add value and create an attractive buy-to-let investment in a convenient and well-connected location.

The ground floor accommodation comprises a lounge to the front of the property, offering a comfortable living space with a feature fireplace and a window overlooking the street. A separate dining room provides a second reception area, offering flexibility for everyday living and entertaining. To the rear, the kitchen is fitted with a range of wall and base units, work surfaces and a sink. The kitchen is in need of updating and would benefit from replacement fittings and modernisation, providing an opportunity for purchasers to create a practical and contemporary space to suit their requirements. The kitchen also provides access to the rear courtyard, while a hallway leads through to the ground floor bathroom, which is fitted with a bath, wash hand basin and WC.

To the first floor are two well-proportioned double bedrooms, with the rear bedroom providing access to an additional room. Although this space offers the potential to be used as a third bedroom, its access through the rear bedroom means it would be best utilised as a dressing room, home office or study, providing valuable additional space and flexibility.

Externally, the property benefits from a low-maintenance enclosed rear courtyard with a paved area and gated access, offering a practical outdoor space with scope for further improvement.

The property requires general refurbishment and cosmetic updating throughout, including modernisation of the kitchen, allowing a purchaser to improve the accommodation to their own specification. We also believe the existing central heating boiler to be beyond its expected service life, and prospective purchasers should budget for a replacement boiler as part of their proposed refurbishment works.

An additional attraction is the property's historical long leasehold tenure, with approximately eight hundred and ninety years remaining on the lease. We understand that there is no ground rent or service charge payable, although purchasers should confirm the lease terms and any associated obligations through their appointed solicitor.

Albany Road occupies a convenient position just off the A34 and within easy reach of Newcastle-under-Lyme town centre, with its range of shops, supermarkets, restaurants and everyday amenities. The property is also particularly well located for the Royal Stoke University Hospital, part of University Hospitals of North Midlands, Keele University and Keele University Science and Innovation Park. Excellent transport connections provide convenient access to Stoke-on-Trent and the surrounding areas, making this an appealing location for prospective tenants, including healthcare professionals, university staff and students.

Offering spacious and versatile accommodation, considerable scope for improvement and a highly convenient location close to Newcastle-under-Lyme town centre, this property represents an excellent buy-to-let opportunity for investors seeking a refurbishment project with long-term rental potential. Early viewing is recommended to appreciate the accommodation, location and investment possibilities on offer.


EPC Rating: D

Front Reception Room

4.32m x 3.64m

Rear Reception Room

3.59m x 3.56m

Kitchen

2.97m x 2.13m

Bathroom

4.15m x 1.63m

Bedroom One

3.67m x 3.61m

Bedroom Two

3.59m x 3.59m

Bedroom Three/ Walk-in Wardrobe

2.91m x 2.11m

AGENTS NOTES

Council Tax Band - A
EPC Rating - D
Tenure - Leasehold
Time remaining-890 years
End date- 29/09/2916

Disclaimer

These particulars are provided for general guidance only and do not form part of any offer or contract. Whilst every effort has been made to ensure the information is accurate, it should not be relied upon as statements or representations of fact. Neither the vendor nor the agent make any warranty or representation regarding the property and the agent has no authority to do so on behalf of the vendor. All measurements, areas and distances are approximate and photographs are for illustrative purposes only. Fixtures, fittings, appliances and services referred to have not been tested and no guarantee can be given as to their condition or working order. Material information has been provided by the seller and other sources and should be independently verified by prospective purchasers through inspection and by consulting their solicitor or surveyor. If your offer is accepted, a £36 fee will apply for Anti-Money Laundering identity checks.

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.
Band: A
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Patio
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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Albany Road, Newcastle, ST5

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Affordability

Monthly repayments£582
Property: £ 117,500
Deposit: £ 11,750
Interest rate: 5.22%
Term: 30 years
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Renovation potential
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About Heywoods, Newcastle-under-Lyme

The Estate Offices Blackfriars Road, Newcastle Under Lyme, ST5 2EB

Heywoods is the leading independent estate agent in the Newcastle-under-Lyme area and beyond. Our reach extends throughout North Staffordshire to South Cheshire and the Shropshire border.

We hold client money protection with Propertymark, membership number C0137085

We hold redress membership with the Property Redress Scheme, membership number PRS035861

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Disclaimer - Property reference 10ffd6de-dc0c-4c53-a840-5ce1a3740e4b. 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 Heywoods, Newcastle-under-Lyme. 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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