56 Merrial Street
Newcastle Under Lyme
Staffordshire
Newcastle
ST5 2AJ
INVESTMENT PROPERTY - FOR SALE WITH TENANTS IN SITU
Excellent INVESTMENT OPPORTUNITY! A very well located second floor apartment, with two spacious bedrooms, a large open plan living room diner and kitchen with Juliet balcony overlooking green communal space and trees. Allocated vehicle parking behind secure gated access, this is the perfect investment for landlords looking to start their investment journey or add to their portfolio.
The property opens from a central entrance hallway that curves from the side of the property, where doors to all of the principal rooms are found further to two large storage cupboards, one of which being a very useful utility cupboard. Two well sized double bedrooms, with the main bedroom being a huge double in size with a three piece en-suite shower room.
To the outside, the property sits within well maintained grounds with ample parking available for residents and visitors via secure electric gated entry and pedestrian access.
Currently achieves rental income of £875 pcm.
No onwards vendor chain.
Leasehold Details:
Length of Lease: 150 Years from 01/09/2003
Years Remaining: 129 Years
Ground Rent: £170 per annum
Service/Management Charges: £1,950.88 per annum
3.04 x 1.26 entry 4.48 x 1.10 hall (9'11" x 4'1" e
5.11 x 3.71 (16'9" x 12'2")
3.68 x 1.83 (12'0" x 6'0")
4.64 x 3.40 (15'2" x 11'1")
2.17 x 1.53 (7'1" x 5'0")
3.85 x 2.60 (12'7" x 8'6")
2.01 x 1.82 (6'7" x 5'11")
Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.
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