Apartment 81 - Orme HouseOrme House is a brand-new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self-contained one-bed studios and two-bedroom apartments, which is completed to a high standard and will be delivered fully furnished.The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.Fully FurnishedDevelopment Completed in 2019 - Fully Let Since CompletionStudent Studio ApartmentRental Amount:- 81a is 137 x 46 / 6,302 pa- 81b is 135 x 51 / 6,885 pa- 13,187 in total paSecond Floor ApartmentLease is 250 Years from 2018Ground Rent is 350 per annumService Charge & Letting Fee is 2,169 per annumManaged by USL* Photos for reference only and may not be the actual apartmentTenure: Leasehold (250 years)Ground Rent: 350 per yearService Charge: 1,350 per year
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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