1 STUNNING ONE BED APARTMENTS FROM JUST £103,000 – ROI UP TO 18.84PC
This stunning new development of 1- bedroom apartments in Newcastle-under-Lyme represents a fantastic buy-to-let investment opportunity. Sequre have managed to negotiate a discount of £14,500 off the developers list price, so prices start from just £103,000 with white goods and a free furniture pack included. With the opportunity to earn up to 18.84% using a buy-to-let mortgage and gross yields up to 8.16%, this is an opportunity not to be missed.
Situated on the highly regarded street of Parade and just a 5-minute walk from Newcastle-under-Lyme centre, this modern development combines both style with convenience. With the landscaped gardens, amenity spaces and a local private school creating a greater sense of community, there is little not to love about the development.
The key driver for tenant demand will no doubt arrive from the Royal Stoke University hospital which is just 7 minutes away, as well as Keele University, a top 50 UK ranked university in both The Guardian and The Times respective rankings and the University of Staffordshire with over 17,000 full time students. With both Bet365 and Vodaphone providing high levels of employment in the area, employing roughly 3,000 and 1,100 staff respectively, as well as the potential for significant investment of up to £25 million to facilitate future economic growth in the near future, the area of Newcastle-under-Lyme looks well positioned to realise house price growth in the future.