Property For Sale On Eastgate Street In Stafford
This property for sale on Eastgate Street in Stafford is offering potential buyers an opportunity to purchase a choice of key ready one and two bedroom apartments centrally located and fully tenanted, being walking distance of the Guildhall Shopping Centre and Stafford’s main high street that hosts a wide range of shops, restaurants, and bars.
Stafford where this property is located is a progressive town , one of the principal towns in Staffordshire situated in the centre of the county and at under an hour from Manchester and just half an hour from Birmingham.
Stafford train station is barely half a mile away which provides local and nationals rail services with regular trains to Birmingham in under 40 minutes, Manchester in under 1 hour and London in 1 hour 20 minutes making this a popular commuter town.
This property is a low-entry price level key ready residential collection 32 apartments with prices starting from as little as £98,500, offering rental yields up to 10% making this property a very lucrative opportunity.
Stafford’s Eastgate Regeneration Quarter scheme will see the redevelopment of vacant buildings and land in the heart of the county town into a residential led mixed use properties.
The Eastgate regeneration programme also includes the county council-owned Wedgwood and St Chad’s buildings, which could be developed for a potential mix of residential, commercial or hospitality use regenerating this area.
The regeneration programme is one of a number of interlinked regeneration projects to vastly improve the vitality of the county town particularly after the pandemic, attracting investment, new jobs, visitors and residents. These include the Future High Street programme, Shire Hall regeneration, Stafford Gateway project and Stafford Western Access Route and will follow the borough council’s improvement programme at Victoria Park.
These apartments are set to take full advantage of the steadily increasing rental market, with the massive investment in the local areas ongoing is also set to benefit from great capital appreciation potential.
Property Features
- Priced From £98,500
- Key Ready
- Fully Tenanted
- Immediate Income
- 7% on Long term rentals
- 10% on short term rentals
- Central Location
- Parking
- Secure Cycle Bays
- Zero ground rent