Offers over
£67,000
1 bed flat for sale
The Midway, Newcastle-Under-Lyme ST5Leasehold
1 bed
1 bath
Key information
Tenure
Leasehold (99 years)
Service charge
£1,200 per year
Council tax band
Ground rent
Ground rent date of next review
About this property
Buy-to-Let Opportunity
1 Bedroom
Modern Kitchen
Three Piece Bathroom
Likely to attract enquiries from Serious Investors & Developers.
Investment potential detailed below (Let Property Pack)
Our latest listing is a 1 bedroom flat house located in Staffordshire. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.
This well-kept home features 1 bedroom, a three piece bathroom, and a modern kitchen
Investment Details
It currently produces an annual gross income of £8,400 which could be increased by the new owner to a market rate of £9,618 with long term tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investors property portfolio.
For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us.
Tenancy Details
Let Property Sales are committed to facilitating a smooth transaction process and to allow for maximum commitment to the sale from both parties, a fully refundable buyers premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non completion.
Stamp duty calculator
We've updated our calculator to take into account the stamp duty cut announced by the chancellor on 23 September 2022. Read more stamp duty news and how stamp duty works
More information
Listed by
Let Property
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