132 London Road, Newcastle-Under-Lyme, ST5
- PROPERTY TYPE
Flat
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
Key features
- Studio Apartment
- Close to Hospital
- Access to Keele University
- Third Floor
- Pre-let Investment
- On Site Facilities
- Walking Distance to Town
- Great Location
Description
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,
Entrance
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
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
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
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
Tenure: 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.
£350 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.
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.
£0
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.
Ask agent
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
132 London Road, Newcastle-Under-Lyme, ST5
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stoke-on-Trent Station1.7 miles
- Longport Station2.6 miles
- Longton Station3.7 miles
About the agent
Nicholas Humphreys, Stoke-On-Trent
1 Ashford Street, Stoke-On-Trent, ST4 2EH
Nicholas Humphreys estate agents in the heart of Stoke-on-Trent is part of a national estate agency group successfully selling and renting homes across the United Kingdom.
Our dedicated sales team are here to help you to get the best price for your property, providing excellent customer service and to make your next move as smooth as possible.
Call us today to find out about our fantastic marketing techniques including auction sales and to arrange your free no obligation valuation
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference P2190. 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 Nicholas Humphreys, Stoke-On-Trent. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.