£135,000
(£337/sq. ft)
1 bed flat for saleNew Street, Burton Upon Trent DE14
1 bed
1 bath
1 reception
401 sq. ft
Added on
About this property
One bedroom apartment, 401 sq ft, with lift access
New apartments on New Street, Burton upon Trent DE14
Open plan living with fitted kitchen and integrated appliances
23 minutes by train to Birmingham New Street
999 year lease, no ground rent
Estimated service charge £1,000 a year
Potential gross yield of 7% to 8%, rent of £788 to £900 pcm
A one-bedroom apartment of 401 sq ft in a newly built block in Burton upon Trent town centre, priced at £134,995. It suits a first purchase or a rental investment where the entry price matters.
Inside, the open-plan living area runs into a fitted kitchen with an integrated oven, hob and fridge-freezer. There is a separate bedroom and a shower room. The size is compact, so the layout is kept simple.
The building has a lift and a cycle store. There is no parking, which is worth weighing against your own plans.
Burton station has trains to Birmingham New Street in 23 minutes. Employers within 25 miles include Amazon, Nestle, dhl and jcb, and about 21,300 new jobs are forecast locally by 2028. Regeneration projects in the town include Centrum 100, Brewery Wharf and Burton Waterside.
The lease is 999 years with no ground rent, and the estimated service charge is £1,000 a year. Completion date and warranty provider are to be confirmed.
For investors, monthly rent of £788 to £900 equates to a potential gross yield of 7% to 8%.
New Street, Burton upon Trent DE14. Tenure: Leasehold
Disclaimer
These particulars are for general guidance only and do not form part of any contract or tenancy agreement. Vale & Mercer has not tested any apparatus, equipment, fixtures, fittings or services and cannot confirm they are in working order. All measurements, distances, floor plans and areas are approximate and should not be relied upon when ordering fitted items or carpets. Prospective purchasers and tenants should satisfy themselves, or obtain independent professional verification, of any information provided. All tenancy applicants are subject to referencing and Right to Rent checks in accordance with the Immigration Act 2014, and any deposit taken will be protected in a government-approved scheme within 30 days of receipt, with the Prescribed Information provided in writing. Photographs may include items not included in the sale or tenancy and may be taken using a wide-angle lens
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More information
Tenure
Leasehold (999 years)
Service charge
£1,000 per year
Council tax band
TBC
Ground rent
Ground rent date of next review
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