Southall Way, Stoke-on-Trent, ST2 9LT
£80,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2036
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
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Area highlights
Property snapshot
Apartment
625 sq ft
2 Bedrooms
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
84 years
Ground rent
£1
Overview
This two-bedroom apartment on Southall Way, Stoke-on-Trent, offers a great buy-to-let opportunity with an asking price of £80,000. Currently tenanted, the property generates an annual rent of £7,800, providing a strong gross yield of 9.7%. The leasehold property has an 84-year lease with no service charge and a peppercorn ground rent. The market rent is £650 per month, and with a net cash flow of £400 per month, investors can expect a net annual cash flow of £4,800. Located just 1.5 miles from Stoke-on-Trent station, this property is in a rental-friendly area with good demand.
What our customers say about us
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
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