Apartment/flat for Sale in Newcastle under Lyme

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£69,999 GBP

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Ref 2267597 | Newcastle Under Lyme, Staffordshire | Apartment

Currency services provided by Excel Currencies £69,999 GBP  |  €81,290 EUR (Approx)  |  Approx. US$86,997 USD

ONELONDON ROAD, NEWCASTLE-UNDER-LYME | London Road, Newcastle Under Lyme, ST5 1LZ

ONELondon Road is a brand-new investment opportunity in the UK Purpose BuiltStudent Accommodation (PBSA) sector, giving investors an opportunity topurchase a fabulous income-generating asset. Comprising of 174 modernself-contained studio apartments, which will be completed to a high standard,delivered fully furnished.


INVESTMENTHIGHLIGHTS

  • Studios priced at: £69,999
  • Tenure: 125 Year Leasehold
  • 9% NET rental yield for GUARANTEED for 5 years excluding ground rent
  • 5% Interest on deposited funds
  • Fully Managed With Assured Yields
  • Build A Passive Income
  • Furnished
  • Phase 1 Completion Sept 2019 | Phase 2 Completion Sept 2020

PaymentTerms

  • £5,000 reservation fee
  • 50% of Contract Value due on exchange of contracts (Offsetting reservation fee)
  • 25% Payable 6 months in the build
  • 25% Payable on completion (KEY)

Property Characteristics

    Setting

  • Close To Forest
  • Close To Shops
  • Commercial Area
  • Country
  • Urbanisation
  • Furniture

  • Part Furnished
  • Parking

  • Street
  • Utilities

  • Drinkable Water
  • Electricity
  • Gas
  • Telephone

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