Keates says ..
A rare opportunity to purchase two pre-tenanted flats with land at the rear that may suit development, subject to planning permission. These pre-let properties are currently producing circa £10,400 per annum rental with scope to improve the rental income . The properties are both double gla...
Property Oracle says ..
This property located on London Road, Newcastle-under-Lyme, is presented as a block of apartments, currently generating rental income. The listing suggests potential for improved rental returns and even redevelopment (subject to planning permission). The two-bedroom property benefits from its proximity to several well-rated schools. While the images show a mixture of updated and older features, requiring a level of maintenance and potential renovations, its proximity to amenities, including train stations, adds to its appeal. The relatively small garden area is a limiting factor. A thorough survey and comparative market analysis are vital to determine the accurate market value of this property, considering it’s a multi-unit investment opportunity.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 5
- Location
- 7
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
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Metrics Year-on-Year
- Average area value
- 139,448.00 £Decreased by 10.03 %
- Average area rental value
- 796.00 £/moDecreased by 6.57 %
- Est rental Yield
- 6.85 %Increased by 3.79 %
- Crime Rate
- 19.00 %Unchanged by 0.00 %
Agent Activity
Keates marked this listing as sold.
Keates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Churchfields Primary School | Academy Sponsor Led | Outstanding | 0.40 KM |
| Chesterton Primary School | Academy Converter | Good | 0.44 KM |
| Chesterton Community Sports College | Academy Converter | Good | 0.56 KM |
| Crackley Bank Primary School | Academy Converter | Good | 1.01 KM |
| Sun Academy Bradwell | Academy Converter | Good | 1.35 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Wright Avenue | £ 0 | 0 | 0.00 KM |
| Mount Pleasant | £ 0 | 0 | 0.00 KM |
| Victoria Place | £ 134,950 | 0 | 0.00 KM |
| Cross Street | £ 200,000 | 0 | 0.00 KM |
| Hazel Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Longport | 1305 | LPT | 3.57 KM |
| Kidsgrove | 1229 | KDG | 5.36 KM |
| Stoke-On-Trent | 1314 | SOT | 8.21 KM |
| Alsager | 1223 | ASG | 8.24 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| London Road, Newcastle | £ 145,000 | BUY | 5 / 10 | 0.00 KM |
| London Road, Chesterton, Newcastle-under-Lyme, ST5 | £ 120,000 | BUY | 6 / 10 | 0.08 KM |
| 174 London Road Chesterton, Newcastle, Staffordshire, ST5 7JB | £ 85,000 | BUY | 5 / 10 | 0.15 KM |
| Warwick Street, Chesterton, Newcastle-under-Lyme | £ 130,000 | BUY | 6 / 10 | 0.15 KM |
| 128 London Road Chesterton, Newcastle, Staffordshire, ST5 7LR | £ 85,000 | BUY | 5 / 10 | 0.16 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 140 London Road | £ 40,000 | 0.01 KM |
| 146 London Road | £ 82,000 | 0.01 KM |
| 139a London Road | £ 72,499 | 0.01 KM |
| 152 London Road | £ 15,000 | 0.01 KM |
| 142 London Road | £ 51,000 | 0.01 KM |