One London Road, Newcastle
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key 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
Description
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'
Brochures
Property BrochureFull DetailsTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
£1442
LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
120 years left
Energy performance certificate - ask agent
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
One London Road, Newcastle
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stoke-on-Trent Station1.7 miles
- Longport Station2.5 miles
- Longton Station3.7 miles
About the agent
Follwells Ltd, Newcastle-Under-Lyme
35 Ironmarket, Newcastle Under Lyme, ST5 1RP
A family business for over 30 years.
Established in 1991 we have learned a thing or two about selling property along the way.
Why are you moving?
We want to understand your motivation for selling
.
By spending time at the outset, talking to our clients and ensuring we get a real grasp of what they want to achieve from the selling process.
Don't be daunted we'll personally guide you every step of the
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 11925788. 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 Follwells Ltd, 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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