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 an range of on site facilities including communal roof terrace, communal lounge, gym, court yard and garden, disabled access, bike storage and more.

This first 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.

Rental income £169 per week on a 51 week term ending August 2025.

Leasehold 125 years from 5 March 2021.
Ground rent £350 per annum.
Management fee 8.0% 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 £8,619 - £169 per week on a 51 week term (before service charge, ground rent and management fee).
Council tax band A

Note: images shown are a typical similar apartment and not the one being advertised.

Tenure: Leasehold,

Rooms

Entrance 1.92m x 1.53m (6'4" x 5'0")
Access via wooden door, inset ceiling light point, door to shower room, wall mounted telephone intercom, open to living space.

Living Space 4.23m x 2.84m (13'11" x 9'4")

Kitchen Area Not provided
Modern fitted storage units with work surface incorporating a stainless steel sink and drainer with mixer tap, two ring electric hob with extractor and light point above, integral microwave, integral fridge with ice box.

Living Area Not provided
Double glazed window, inset ceiling light points, electric wall heater, bed base, wardrobe, desk with shelving above and chair.

Shower Room 2.2m x 1.22m (7'3" x 4'0")
White suite comprising W/C pedestal wash hand basin with mixer tap and tiled splash back, shower enclosure with sliding glazed door and wall mounted mains shower with tiling, electric towel radiator, inset ceiling light points and extractor.

Agent Notes Not provided
Rental income £169 per week on a 51 week term ending August 2025. Leasehold 125 years from 5 March 2021. Ground rent £350 per annum. Management fee 8.0% 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 £8,619 - £169 per week on a 51 week term (before service charge, ground rent and management fee). Council tax band A Note: images shown are a typical similar apartment and not the one being advertised.

Nicholas Humphreys are a national independent Estate and Letting Agents. As well as property sales and professional lettings we also specialise in student lettings in the university towns where we operate. White Kite Ltd T/A Nicholas Humphreys Estate Agents are members of the NAEA, ARLA and the Property Ombudsman. The directors of Nicholas Humphreys are all actively involved in the daily running of the company. We take pride in being a people business and as such we recruit motivated and enthusiastic people with a passion for working in the property industry and invest in training and on-going staff development. We operate a graduate training scheme for talented bright youngsters. In all property transactions we place a particular emphasis on high ethical standards and the importance of listening to clients requirements. This helps us to better match buyers and tenants to properties. Our valuers have a detailed knowledge of their local market, particularly of local demand, with valuations based on fact, not a sales hyperbole or what the client ‘wants to hear’. Nicholas Humphreys also trades as Barkers estate & letting agents in Leicester. Our success is based on personal service and attention to detail. Landlords and people wishing to sell their property who would like to place their business with us are welcomed to take advantage of our free valuation service.

No longer on the market

Studio

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