1 bedroom shared living/flatmate for sale
£98,500 /Sale price - Stafford Staffordshire ST16Details
- Beds: 1
- Baths: 1
- Price: £98,500 /Sale price
- :
Overview
**BELOW MARKET VALUE OPPORTUNITY FOR INVESTORS AND OWNER OCCUPIER ** Britannia House is our latest low-entry completed residential project located in the heart of England in Stafford. Britannia House features 32 apartments, a mix of 1 and 2 bedroom apartments that are already tenanted and let to locals on assured shorthold tenancies. With prices starting from as little as £98,500 offering a yield of up to 10% net makes this a very attractive opportunity for our investors. All the apartments in this building have been built to an exceptional standard and contain everything a prospective tenant would need. All the properties are currently let and achieving yields north of 7% on long-term lets. With the high number of businesses and enterprises in the area as well as Stafford's limited appeal to tourists, recently there has been a growing demand for short-term lets in the area. With the leases on these apartments allowing for short-term lets, investors have the opportunity to increase the current 7% gross yield on AST's to a net yield of 10% net with short-term lets. The building was completed in 2019 and also has on-site car parking for up to 23 cars. For more details and to contact: https://realtyww.info/rooms_1_stafford-d197067/for-sale_i70173562Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- Completed and tenanted
- Immediate income of 7% on long-term lets
- Potential of up to 20% gross income on short-term lets (10% net)
- Central location
- 10 mins walk to Stafford Station - 30 mins by train to Birmingham
- 60 mins to Manchester and 80 mins to London
- Parking is available at £5000 per space
- Zero ground rent
- 250 years leasehold from April 2021
- Lots of big companies within Stafford including Siemens
- Unilever and AXA to name but a few
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-04-03, Viewed 0 times.
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