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Property Listing Details

3 bed terraced house for sale

Coronation Road, Newcastle-Under-Lyme ST5

  • Investment
Offers in region of

£110,000

Property details

  • 3 bedrooms
  • 2 bathrooms
  • 2 reception rooms

Features

  • Natural two bedroom property
  • Current third bedroom downstairs
  • Student let
  • Tenants until July 2020
  • Rental income £1018.00 pcm
  • Gas central heating
  • Double glazed
  • Upstairs & downstairs shower room
  • Permit parking
  • Newcastle under lyme council

Listing view statistics

Last 30 days: 437 page views

Since listed: 802 page views

Description

Belvoir are delighted to be selling this fantastic investment property, located within a ten minute walk of Newcastle town centre and also within a five minute walk of Newcastle bus station, with routes to and from Keele University.

The property has been tenanted since the 1st August 2019 with three male students, who will be attending Keele University. Their contractual commitment is until 1st July 2020, with the current owner receiving £1018.00 pcm, paid termly. There is also a bills allowance of £133.00 pcm, which includes gas, electricity and water costs.

With tenants already in place, it's a great opportunity to invest in a property, with the potential to offer long term financial gains as a student let.

Another consideration, is that the property is located in a highly sought after location for first time buyers as well. So with some practical changes, this property could easily be converted into a home for a family of first time buyers, or again for an investor who wants to house families as an alternative to the student market.

With many local pubs, eateries, takeaways, and shops, it is in a really popular location. It is also close to the local North Staffordshire Hospital, which is also another opportunity for potential rental investors.

Call Belvoir on to arrange your viewing.

Entrance Hall

U p v c door to the front and laminate flooring with neutral decoration.

Bedroom Three / Reception One (3.12 x 3.83 (10'2" x 12'6"))

For a standard home, which wasn't accommodating students this would be the living or dining room. In the current style, with it being used as student accommodation, this is currently one of three bedrooms, overlooking the front of the property.

Living Room (4.27 x 3.47 (14'0" x 11'4"))

Living room with under stairs storage, neutral decoration, furnishings and laminate flooring.

Kitchen (2.22 x 3.55 (7'3" x 11'7"))

Fitted wall and floor units with kick boards, neutral decoration, appliances and vinyl flooring, with an access door to the rear yard.

Shower Room / Wc

Ground floor shower room, with corner shower, WC and hand basin, vinyl flooring and a small glazed window.

Bedroom One (4.26 x 3.18 (13'11" x 10'5"))

Double bedroom with views to the front of the property, neutral decoration, carpets and student furnishing.

Bedroom Two (4.27 3.47 (14'0" 11'4"))

Double bedroom with views to the rear, neutral decoration, carpets and student furnishings, with access also to a small walk in storage space.

Bathroom

Fitted shower unit, WC and hand basin with laminate flooring and frosted glazed window to the rear.

External Front & Rear

Resident parking to the front of the property, no through road, with views to the front overlooking the school playing fields, which offers a really pleasant outlook. To the rear there is spacious tiered yard, with access gate to the alleyway at the back, which are opposite to the rear yards, of houses in West Street.

You could get

Superfast broadband Superfast broadband

Up to 100 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Stoke-on-Trent 1.7 miles
  • Longport 2.2 miles
  • Hassell Primary School 0.1 miles
  • Newcastle-under-Lyme School 0.2 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Stoke-on-Trent 1.7 miles
  • Longport 2.2 miles
  • Hassell Primary School 0.1 miles
  • Newcastle-under-Lyme School 0.2 miles

Market stats

Sale activity

Average estimated value for a house in ST5:

  • £113,636
  • Price decrease

  • -£952
  • (-0.831%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £109,869
  • Properties sold

    217

Rental opportunities

Looking for an investment? The average rent for a 3 bedroom house in ST5 is currently:

£745 pcm

Recent sales nearby

See all recent sales in ST5
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
15th Oct 2019 £110,000 Price reduced by £5,000
29th Aug 2019 £115,000 First listed
13th May 2011 £79,500 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Belvoir - Newcastle-under-Lyme. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belvoir - Newcastle-under-Lyme for full details and further information.