We are happy to announce our newest & competitively priced development in Newcastle under-Lyme. Marsh Box, consists of 27 one & two-bed apartments starting from just £125,000 and is set to complete in May 2021. This is perfect for those wishing to start their investment portfolio or indeed top up their existing one.
The Area – Newcastle-under-Lyme
The historic market town of Newcastle-Under-Lyme is a vibrant place to live, work and socialise. The bustling town centre is anything but short of shopping opportunities, boasting two shopping centres, and a main high street that’s lined with popular high street shops to suit every shopping need. For a more alternative shopping experience, the recently developed Castle Walk is a popular cobbled area that’s home to a variety of independent shops, cafés, and restaurants.
A traditional market town, Newcastle-under-Lyme has married its historic heritage with modern surroundings, with a local market running 6 days a week, and a vibrant farmers’ market once a month. The town benefits from a variety of cultural and leisure activities – the modern cinemas, health clubs, coffee shops, bars and restaurants all provide good food, drinks, and a buzzing atmosphere; more cultural activities include seeing a show at the New Vic Theatre or visiting the nationally renowned Trentham Gardens.
Being located on Marsh Parade, one of the premier roads in Newcastle-Under-Lyme and a stone’s throw from the area’s leading private school, Marsh Box is ideally situated for all the town’s amenities, as well as essential services such as health centres, doctor’s surgery, and dental practice.
The Development – Marsh Box
Marsh Box is a stunning new development of 27 one & two-bed apartments that have been purpose built to suit the lifestyle and needs of first-time buyers, young professionals, and investors alike. Located just a 10-minute walk from Newcastle-under-Lyme town centre, the development provides an enviable combination of style and convenience.
The clever design of this development incorporates residents-only landscaped gardens and amenity spaces that provide a greater sense of community, and a superb quality finish that facilitates a modern lifestyle with a specification to be proud of.
Key investment Highlights
- Social outside ‘chill out’ zones with all-weather seating
- High-tech door entry system and intercom handset
- Media points
- Energy efficient slimline heating panels with thermostat control
- Chrome recessed downlighters
- Luxury Vinyl Tile to living room/kitchen and hall
- Sumptuous carpet to bedrooms
- ‘A’ rated washer/dryer
- Chrome ironmongery throughout
- High quality internal doors
|
POSTCODE |
ST5 1BT |
|
UNITS |
27 |
|
TYPE |
New Build |
|
UNIT TYPE |
1 & 2 beds |
|
PRICE ENTRY / MAX |
£125,000 / £160,000 |
|
COMPLETION |
May 2021 |
|
RENTAL YIELD P.A. |
6 – 6.5% |
|
CAPITAL GROWTH P.A. |
5 – 6% |
|
PAYMENT PLAN |
£6,000 reservation fee |
|
20% as deposit (minus reservation fee) 80% on completion |
|
|
GROUND RENT P.A. |
0.10% of property price p.a. |
|
SERVICE CHARGE P.A. |
£800 – 1,100 p.a. |
If you are interested in this development or would like to talk to one of our investment advisers please contact us on admin@hoxton-property.com
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