1 bedroom apartment

Astbury Court, Stoke on Trent, ST6 4AB

Size: sqm

Purchase price

£70,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,400
Ground rent £130
Service charge £1,593
Net income £3,677
Gross yield 7.71%
Net yield 5.25%

This fantastic property will make a great addition to an investor’s portfolio! Being sold with a tenant in situ yielding above 5% NET with scope to increase. The second floor apartment is well maintained by the current occupant and consists of entrance hallway, open plan living area featuring fully-fitted kitchen, Juliet balcony and two double glazed windows providing a wonderful light and airy feel throughout. There is a spacious double bedroom, bathroom with shower cubicle and utility cupboard.

Asbury Court is situated in a residential development of similar properties, conveniently positioned for access to Burslem and Hanley town centre, the commercial centre of Stoke-on-Trent which is home to a wide variety of shops, bars, restaurants, a cinema and leisure facilities. Less than a 10 minute drive from the property is the Festival Park retail and leisure complex, which offers an array of popular shops, restaurants, Morrisons Supermarket and Waterworld, the UK’s number 1 Water Park; Odeon Cinema; and Ten Pin Bowling and the Hilton Double Tree Hotel.

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!

ATTENTION INVESTORS - TENANTED INVESTMENT OPPORTUNITY YIELDING ABOVE 5% NET! Spacious one double bedroom apartment in a popular residential development.

Interested in this property? Enquire today for more information

Key features

Key features

Investment opportunity

Key features

Excellent yield

Key features

Generate income from completion

Key features

Second floor apartment

Key features

Spacious double bedroom

Key features

Open plan living area with Juliet balcony

Key features

Fully-fitted kitchen

Key features

Fantastic location

ATTENTION INVESTORS - TENANTED INVESTMENT OPPORTUNITY YIELDING ABOVE 5% NET! Spacious one double bedroom apartment in a popular residential development. More info...

This fantastic property will make a great addition to an investor’s portfolio! Being sold with a tenant in situ yielding above 5% NET with scope to increase. The second floor apartment is well maintained by the current occupant and consists of entrance hallway, open plan living area featuring fully-fitted kitchen, Juliet balcony and two double glazed windows providing a wonderful light and airy feel throughout. There is a spacious double bedroom, bathroom with shower cubicle and utility cupboard.

Asbury Court is situated in a residential development of similar properties, conveniently positioned for access to Burslem and Hanley town centre, the commercial centre of Stoke-on-Trent which is home to a wide variety of shops, bars, restaurants, a cinema and leisure facilities. Less than a 10 minute drive from the property is the Festival Park retail and leisure complex, which offers an array of popular shops, restaurants, Morrisons Supermarket and Waterworld, the UK’s number 1 Water Park; Odeon Cinema; and Ten Pin Bowling and the Hilton Double Tree Hotel.

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!

  • Key features
    Tick Desktop Investment opportunity
    Tick Desktop Excellent yield
    Tick Desktop Generate income from completion
    Tick Desktop Second floor apartment
    Tick Desktop Spacious double bedroom
    Tick Desktop Open plan living area with Juliet balcony
    Tick Desktop Fully-fitted kitchen
    Tick Desktop Fantastic location
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,400
Ground rent £130
Service charge £1,593
Net income £3,677
Gross yield 7.71%
Net yield 5.25%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.