This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
1/10
£70,000
1 bedroom Flat for sale, The Midway, Newcastle, Staffordshire, ST5
Features and Description
High quality Student apartment situated in the middle of Newcastle-Under-Lyme.
The Metropolis development is a 10 storey in total. Sizes range from 18 m2 to 32 m2. Each studio is designed to respond to the current market demand for studio accommodation, including: en-suite bathrooms, bespoke kitchens and separating living, study and sleeping areas.
The building provides amenities including:
• Group study area
• Café style common room
• Laundrette
• Cycle storage
• Parcel delivery room
Situated at the heart of Newcastle-Under-Lyme, The Metropolis is ideally located to benefit from both Keele University and University of Staffordshire with excellent transportation links and easy walking distance to city centre with multiple shops and restaurants, providing a convenient location for student residence.
The current tenant is paying £137 per week for 51 weeks =£6987. There is already a booking in for 25/26, £155 per week for 51 weeks=£7905. The management fee is 8.50% and the annual service charge is £1810.44
Council Tax - STUDENTS EXEMPT
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
The Midway, Newcastle, Staffordshire, ST5
Additional Information
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Property refNLY250177
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EPCB
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TenureLeasehold
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Lease length244 years
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Council TaxA
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Local authorityNewcastle Under Lyme Borough Council
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Ground RentContact the branch
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Ground Rent ReviewContact the branch
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Service Charge£1,810
Do you have a property you need to sell?
Reeds Rains Estate Agents Newcastle-under-Lyme
Reeds Rains Newcastle-under-Lyme
71 High Street, Newcastle under Lyme, ST5 1PN
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Borrowing £63,000 and repaying over 25 years with a 2.5% interest rate.
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