2 bedroom apartment

The Plough Maltings is a Grade II listed development comprising of 32 luxury studio, one and two bedroom apartments. The development is located within the historic Plough Maltings brewery building and offers 51 car parking spaces. The heart of Burton-On-Trent's town centre is just a 3 minute walk away. Investors have the opportunity to add a desirable, high-yielding investment to their portfolio whilst asset price growth projections will complement the mid to long term investment goals

A net yield of 12% is available if you let the property as serviced accommodation.

Burton-on-Trent is historically known as the brewing capital of the world and is still home to some of the largest names in Manufacturing and Engineering. Amazon, Nestle, DHL and JCB are all within a 20-mile radius and there are excellent connections into Derby, which is home to many of the UK's biggest Aerospace and Automotive companies.

All this leads to an exciting buy to let proposition, it has one of the youngest populations in Europe with 48% of people aged under 35, providing a strong base of renters. It's also home to one of the fastest growing economies in the UK with 21,300 new jobs forecasted in the local area by 2028 and the population set to grow by 26% by 2035.

LEASEHOLD INFORMATION:
Ground Rent - Zero
Lease Length - 999 years
Service Charge - £2.20 per sq ft

Lease details have been provided by the seller and their accuracy cannot be guaranteed as we have been unable to verify them by means of current documentation. Should you proceed with the purchase of this property, these details must be verified by your Solicitor.