3.5%Rental growth
6.2%Cap growth
£650Rental income
9.8%Gross yield
£20,000Minimum deposit

Southall Way, Stoke-on-Trent, ST2 9LT

£80,000

Financial snapshot

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Costs

Your initial investment 

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Estimated deposit 

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Purchase fees

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Returns

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

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.

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Graham

Buy-to-let investor

The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!

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Khalid

Buy-to-let investor

Honestly the best overall company in terms of property investment - if you are starting new this you place. Also, the staff are very helpful and amazing!

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