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Tenanted & Furnished | High Yielding | Just £136 per square foot | 8.64% Gross Yields

Newcastle-Under-Lyme

  • Priced at just £118,000
  • Current gross yields up to 8.64%
  • Fully tenanted
  • Parking included
  • 0.3 miles from town centre

£118,000

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0800 011 2277

Tenanted & Furnished | High Yielding | Just £136 per square foot | 8.64% Gross Yields

Generating huge gross yields of up to 8.64%, this is a very large 2-bedroom apartment situated just 0.3 miles from Newcastle-under-Lyme town centre. Priced at just £118,000, working out at a competitive £136 per square foot. As this apartment is already tenanted you will benefit from an income from day one. Tenants have access to on-site parking and are positioned in a prime location, just walking distance from a wide range of shops, bars and restaurants – this is a perfect hands-off investment.

The key driver for tenant demand will no doubt arrive from the Royal Stoke University hospital which is just 1.2 miles 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 rapid house price growth.

Newcastle-under-Lyme has a bustling centre with many popular high street shops. With the addition of two shopping centres located nearby, including the hugely popular Wolstanton Retail Park less than a 10 minute drive away, there is enough here to satisfy any shoppers needs. With a variety of leisure and cultural activities in the area, including modern cinemas, health clubs and coffee shops, the area represents a vibrant place to live, work and socialise.

Financial Example - Two Bedroom Apartment

Purchase price

£118,000

Deposit required at 25%

£29,500

Mortgage required at 75%

£88,500

Annual rental income

£10,200

Interest payments on mortgage (based on 2.29% interest)

£2,027

Estimated annual running costs (service charge, ground rent etc)

£2,098

Estimated Net Profit

£6,075

Return On Cash Invested

20.59%

Why invest with Sequre?

Bulk Deal Discount

We are specialists in the provision of high-income producing, buy-to-let property investments in a number of major UK cities. We have many years of experience in assembling bulk deals that has provided both small and large investors with access to heavily discounted investment opportunities.

Off Market Opportunities

We maintain strong relationships with the UK’s leading housebuilders, developers, banks and receivers to ensure we provide our investors with unrivalled opportunities. Almost all of our deals are completely exclusive and not available anywhere else.

Achieve Financial Freedom

Our experienced team has successfully guided many novice investors to financial freedom through our bespoke property investment services whilst also catering for those investors with up to several million pounds to invest in completely off market investments.

Find out more

Call us now on

0800 011 2277