Property Details

 
£45,000
Studio
Keele House, The Midway, Newcastle
    • Experienced Management Company
    • PBSA Investment Opportunity
    • Popular Student Location
    • Tenanted Investment
    • 9.5% NET Yield
     
    Stylish Studio Investment Opportunity in Keele House, Newcastle-under-Lyme

    Flat 18 - Keele House, The Medway, ST5 1LD

    ✅ Prime Student Investment
    ✅ Corner Unit with 6 Windows
    ✅ Fully Furnished
    ✅ Tenanted Until 2026
    ✅ 9.5% Net Yield
    ✅ £45,000


    This exceptional corner studio apartment in the ever-popular Keele House development offers a rare chance to secure a high-yielding, hands-off investment in the thriving student hub of Newcastle-under-Lyme.

    Completed in 2017, this purpose-built development caters exclusively to students and boasts full rental occupancy since launch—an impressive testament to its ongoing demand and location.

    * Please Note - Images are for reference only and may not be the exact apartment for sale.


    Key Features:

    * Corner position with 6 windows – bright, airy, and spacious
    * Tenanted until August 2025 and already rebooked for 2025/26
    * £170 per week on a 51-week term
    * Modern, high-spec studio with contemporary furniture included
    * Located on Lower Ground Floor (Unit LG-16) – Flat 18
    * Part of a professionally managed block by Urban Student Life (USL)


    Investment Highlights:

    * NET Yield: 9.5%
    * Lease Length: 125 years
    * Service Charges, Lettings & Ground Rent:
    * Management Fee (USL): £165.99/qtr
    * Letting Costs (USL): £215.79/qtr
    * IPM Service Charge: £1,121.18 half-yearly
    * Ground Rent (E&M): £205.92 half-yearly
    * Insurance: £189.25 annually
    * Letting Fees: £863.16 annually
    * Rental Guarantee: Not currently in place
    * Payment Terms: 100% on exchange/completion


    Supporting Documents:
    Floorplans: Available
    Brochure: Available on request
    Professional management and letting in place via USL


    Please contact us for access details and to receive the full brochure.

    Tenure: Leasehold (125 years)
    Ground Rent: £411.84 per year
    Service Charge: £2,242.36 per year
    USL Management Fee - £165.99 per quarter
    USL Letting Costs - £215.79 per quarter
    Insurance - £189.25 annually

    Map


    Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
     
     

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    01244 343 355
    sales@residential-estates.co.uk

     

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