Investment Case - Newcastle-under-Lyme
This gem on the cusp of the North West has gone from strength to strength with a growing job market, cutting-edge cultural initiatives and developments in a number of key areas.
Strong growth is predicted for The Potteries in the coming years and if you’re looking for a solid property investment that will offer you an unrivalled ROI, Stoke-on-Trent is the place for you.
First and foremost, Stoke-on-Trent is one of the UK’s top buy-to-let property hotspots. In a study based on factors including property prices, local salaries and rental returns, it seems that Stoke-on-Trent truly is a buy-to-let sweet spot, offering around a 5.67% annual return on investment.
Newcastle-under-lyme (Marsh Box) - Development Information
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.
POSTCODE | ST5 1BT |
UNITS | 27 |
TYPE | New Build |
UNIT TYPE | 1 & 2 beds |
ENTRY / MAX | £125,000 / £160,000 |
PRACTICAL COMPLETION | May 2021 |
RENTAL YIELD | 6 – 6.5% p.a. |
EST. GROWTH | 5 – 6% p.a. |
PAYMENT PLAN | £6,000 reservation fee 20% as deposit (minus reservation fee) 80% on completion |
GROUND RENT | 0.10% of property price p.a. |
SERVICE CHARGE | £800 – 1,100 p.a. |
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