Southall Way, Stoke-on-Trent, ST2 9LT
£80,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2035
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
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
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
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
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
Tahir
Buy-to-let investor
“Really easy to do business with and get setup. This company is transforming the way companies are setup, business is done and accounts are done/settled. Amazing web site very intuitive! well done getground!”
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Meet the team