1 bedroom apartment for sale
Key information
Property description & features
- Investment Opportunity
- Modern Studio Apartment
- 5 Minutes Walk of Town Centre
- Allocated Parking Space
- Block Two of this Popular Development
- Fully Managed
- Communal Facilities
- Close to Royal Stoke Hospital
The development is located in the heart of Newcastle under Lyme approximately 0.3 miles south of the town centre. The site provides easy access to both Keele and Staffordshire Universities with a regular bus service just outside the development. The Royal Stoke Hospital and the amenities of the town centre are just a short walk away.
The accommodation to this apartment features a kitchenette and an en suite bathroom. There are also numerous communal areas including access to a gym, communal lounge with pool tables, laundry room, cycle store and roof garden terraces overlooking the park.
The apartments are fully managed and Flat 62 is currently on a contract to 31st August 2024 at a rate of £172 .00 per week. Please refer to UrbanStudentLife.com for the average rental rate from August 2024 onwards. We understand the management fee is 5.5% plus VAT from the gross rent collected (EST. of 9% gross yield).
We are advised that this apartment has an allocated parking space on site.
Agents Note: Photos used are of an example apartment of the same design.
Tenure Leasehold
Term of 125 years commencing from 20.8.2018.
Service Charge
Currently understood to be £1653 pa (2022/23).
Ground Rent
Council Tax Band 'A'
Council Tax Band: A
Tenure: Leasehold
Lease Years Remaining: 120
Service Charge: £1442.00 per year
Property information from this agent
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Broadband availability and predicted speed
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
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Energy Performance data and Internal floor area
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