1 bed flat

A long leasehold investment apartment is available for sale in Stoke-on-Trent. The property is on the first floor and has one kitchen, one combined living/bedroom area, and one bathroom. It is secure via an entry system and is currently let for £575 per month, generating a strong income stream with a gross yield of approximately 25%. The remaining lease length is around 245 years, with a service charge of around £2,240 per year and a ground rent of around £150 per year.