1 bed Flat For Sale £90,000
Grove House, 11 King Street, Newcastle, Staffordshire ST5

This beautiful 84sqm one bedroom apartment comprises of entrance hallway; a spacious lounge/dining area with double glazed window to the rear; a large bedroom with double glazed window to the front; three piece family bathroom with shower over bath; and storage area with washing machine. The apartment comes with its own allocated parking space, which is secure and gated.

Newcastle-under Lyme is a market town in North Staffordshire. The town has a population of over 75,000 and has become a very popular choice for students studying at the nearby Keele University. This university was founded in 1949 and is the uk's largest campus university combining research facilities and a science park.

Grove House is situated in a vibrant area for young people to enjoy the local bars, cafes and market, which is held six days a week. Alton Towers theme park is also just a short drive away.

It is also located 8 minutes away from Stoke city centre, where you can catch direct trains to Central London and Manchester, making the property ideal for commuters.

Financial Breakdown

Gross rent: £6,600
Ground rent: £250
Service charge: £1,247
Lettings fees: £0
Net income: £5,103
Gross yield: 7.33%
Net yield: 5.67%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-14448