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
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Sam
Buy-to-let investor
“Without a doubt the most efficient way to purchase property via a limited company structure. The service is seamless and efficient whilst being the most cost effective in the market. The staff are always responsive and extremely knowledgable.”
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
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