Studio for sale in Kiln House, London Rd, Stoke-On-Trent ST4

Kiln House, London Rd, Stoke-On-Trent, St4 1Ab

Enquire today on this fantastic student investment opportunity! Generate an excellent return with this tenanted student studio apartment with no ground rent and a guaranteed rent until October 2024!

We are pleased to offer this luxury student apartment to the market, situated in Stoke on Trent’s very popular and well-located Kiln House. This spacious double room is offered fully furnished with double bed, study area with desk, fully fitted kitchenette and modern en suite bathroom. You can generate an impressive guaranteed return of £422 pcm right from completion! (Guarantee until October 2024).

Kiln House couldn’t be in a more ideal location. Staffordshire University is only a couple of minutes’ walk away, along with the city centre which offers fantastic retail and nightlife experiences as well as amenities such as a cinema, bars, restaurants all within walking distance of this development.

Stoke-on-Trent Council are embarking on an ambitious regeneration scheme which aims to revitalise the city through projects such as the £20million Etruscan Square project which will create an indoor arena, a 138-bedroom hotel and 82,000 square ft of commercial space. Alongside this, the £16million Goods Yard project will create a new public realm, create office, leisure and commercial space and a 150-bed hotel. Such plans will inevitably create jobs, encourage tourism and economic growth which means there hasn’t been a better time to invest in Stoke, don’t miss out and enquire today!

Rental figures outside of the guarantee are as follows:
Gross Rent - £5980 pa
gross Yield - 11.96%
Ground Rent - £0
Service Charge - £1073 pa
Lettings Fees - £610 pa
net Rent - £4297 pa
net Yield - 8.59%