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 2035
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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
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.”
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.”
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.”
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