1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold
- Studio Apartment
- Close to Hospital
- Access to Keele University
- Third Floor
- Pre-let Investment
- On Site Facilities
- Walking Distance to Town
- Great Location
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. Current tenancy ends in July 2024.
One London Road is a modern development of purpose built investment apartments, with an range of on site facilities including communal roof terrace, communal lounge, gym, court yard and garden, disabled access, bike storage and more.
This third floor apartment includes and 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.
Tenure: Leasehold,
Rooms
Entrance Not provided
Wooden front door, inset ceiling light points, intercom, door to shower room, electric wall heater, open to living space
Living Space 3.93m x 2.80m (12'11" x 9'2")
Kitchen Area Not provided
Kitchen area: with fitted base and wall units with work surface incorporating a stainless steel sink and drainer with mixer tap, two ring electric hob with integral microwave below and integral extractor and light point above, integral fridge.
Living Area Not provided
Inset ceiling light points, double glazed window.
Shower Room 2.17m x 1.22m (7'1" x 4'0")
White suite comprising W/C, pedestal wash hand basin with mixer tap, double width shower enclosure with sliding glazed door and wall mounted mains shower, heated towel radiator, inset ceiling light points and extractor.
Agent Notes Not provided
Leasehold 125 years from 5 March 2021.
Ground rent £350 per annum.
Management fee 5.5% plus VAT.
Last quarter service charge £384.17. 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 2024/25 approx. Gross £8,600 (before service charge, ground rent and management fee).
Council tax band A
Places of interest
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Property reference P2190. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Nicholas Humphreys - Stoke-on-Trent.
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Broadband availability and predicted speed: obtained from Ofcom on February 28, 2022
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on February 28, 2022
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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