Flat for sale

Overview

ENQUIRE TODAY ON THIS FANTASTIC STUDENT INVESTMENT OPPORTUNITY! Generate an excellent return with this tenanted student studio apartment with NO GROUND RENT and a GUARANTEED RENT until October 2024! We are pleased to offer this luxury student apartment to the market, situated in Stoke on Trent's very popular and well-located Kiln House. This spacious double room is offered fully furnished with double bed, study area with desk, fully fitted kitchenette and modern en suite bathroom. You can generate an impressive GUARANTEED return of £422 PCM right from completion! (Guarantee until October 2024). Kiln House couldn't be in a more ideal location. Staffordshire University is only a couple of minutes' walk away, along with the city centre which offers fantastic retail and nightlife experiences as well as amenities such as a cinema, bars, restaurants all within walking distance of this development. Stoke-on-Trent Council are embarking on an ambitious regeneration scheme which aims to revitalise the city through projects such as the £20million Etruscan Square project which will create an indoor arena, a 138-bedroom hotel and 82,000 square ft of commercial space. Alongside this, the £16million Goods Yard project will create a new public realm, create office, leisure and commercial space and a 150-bed hotel. Such plans will inevitably create jobs, encourage tourism and economic growth which means there hasn't been a better time to invest in Stoke, don't miss out and enquire today! Rental figures outside of the guarantee are as follows: GROSS Rent - £5980 PA GROSS Yield - 10.31% Ground Rent - £0 Service Charge - £1073 PA Lettings Fees - £610 PA NET Rent - £4297 PA NET Yield - 7.41%Financial BreakdownGross Rent: £5,980.00Net income: £4,297.04Gross yield: 10.31%Net yield: 7.41%Please contact agent for full financial breakdown.IMPORTANT NOTE TO PURCHASERS: 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 or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.yieldit ref: YL-07696 For more details and to contact: https://realtyww.info/studios_london-rd-d634104/for-sale_i70141282

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