Flat for sale in Newcastle-under-Lyme ST5, 1 Bedroom

Fabulous property available in central Newcastle. Amazing investment opportunity.

Offering investors a 10% net rental income per annum, fully managed and maintained. This off plan property will offer you a slice of one of the best investment projects that newcastle has to offer.

Recieve interests on your deposits while you await the build.
Building overview and specification
Comprising of 174 modern self contained studio apartments, which will be completed to a high standard, delivered fully furnished ready for the new intake of students. The accommodation in these two new purpose built blocks will feature a kitchenette and an en-suite bathroom, available from just £69,999. The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities.

Payment Plan
Payment is spread throughout the build until completion in 2020 and, what's more, 5% interest will be paid on your deposited funds until the build is complete. This is a cash buy opportunity but offers the chance to truly beat the interest rates.

Demand and location
With a huge shortage of quality accommodation in the area, one London Rd will deliver a unique and unrivaled option for students at an incredibly competitive price. First class living coupled with a full range of facilities and communal meeting spaces. One London Road is situated on the London Road, approximately 0.3 miles south of Newcastle-Under-Lyme town centre. The site provides easy and quick access to both Keele University and the University of Staffordshire, which are directly accessible in approximately 20 minutes from bus stops located outside the property, with 4 buses per hour throughout the day.

The Investment
One London Road offers a fantastic 10% Net rental yield per year. This is net of your service charge and management fees and is pure profit in your pocket. The 10% is guaranteed each year for the first 5 years.

What happens after the 5 years?
The rental guarantee runs for 5 years, after this 5 years all that happens is the guarantee ends. So if there is a gap between your tenants, or your rental doesnt quite reach 10% net, the developer is no longer under an obligation to pay you this amount. However, management companies often step in to guarantee this, there is also landlord insurance you can purchase. The rental guarantees reflect closely the market rate of the property so your income is not expected to dramatically drop at the end of the 5 years.

Can I sell my property?
Of course, you can sell whenever you like! As it is a student property, you will need to resell onto an investor. We offer a free resale service for our clients so feel free to ask if you need help with this.