£60,000
Studio flat for sale
The Midway, Newcastle-under-Lyme
studio Flat Property description
Flat 112, Keele House, is a deluxe third-floor studio apartment located in the heart of Newcastle-under-Lyme town centre. This modern and stylish property offers an excellent investment opportunity, particularly for those looking to expand their portfolio in the thriving student rental market. Fully managed by an experienced onsite team, the apartment provides a hassle-free, hands-off investment with strong rental demand.
Designed for contemporary student living, the apartment features a well-appointed en-suite shower room, offering both privacy and convenience. Residents also benefit from exclusive access to a gym and a communal lounge, providing additional space to relax and socialise. The building is professionally managed, with an onsite concierge ensuring a secure and well-maintained environment.
Situated in a prime location, Keele House is just a short distance from Keele University, making it highly attractive to students. The town centre location also provides easy access to shops, restaurants, and transport links, adding to the appeal for prospective tenants.
With no upward chain, this property is ready for immediate investment, making it an ideal choice for those seeking a high-yield opportunity in a sought-after location. Whether you are a first-time investor or looking to expand your portfolio, this modern studio apartment offers excellent potential.
Tenanted until - August 2025
Rental Amount is £158 per week, x 51 weeks a year. Total Rent - £8,058.
Maintenance Charge - £2242 a year.
Lease is 125 Years from 23 December 2016
Tenure: Leasehold (125 years)
Ground Rent: £412 per year
For further information or to arrange a viewing, contact us today.
Designed for contemporary student living, the apartment features a well-appointed en-suite shower room, offering both privacy and convenience. Residents also benefit from exclusive access to a gym and a communal lounge, providing additional space to relax and socialise. The building is professionally managed, with an onsite concierge ensuring a secure and well-maintained environment.
Situated in a prime location, Keele House is just a short distance from Keele University, making it highly attractive to students. The town centre location also provides easy access to shops, restaurants, and transport links, adding to the appeal for prospective tenants.
With no upward chain, this property is ready for immediate investment, making it an ideal choice for those seeking a high-yield opportunity in a sought-after location. Whether you are a first-time investor or looking to expand your portfolio, this modern studio apartment offers excellent potential.
Tenanted until - August 2025
Rental Amount is £158 per week, x 51 weeks a year. Total Rent - £8,058.
Maintenance Charge - £2242 a year.
Lease is 125 Years from 23 December 2016
Tenure: Leasehold (125 years)
Ground Rent: £412 per year
For further information or to arrange a viewing, contact us today.
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First listed
Over a month agoEnergy Performance Certificate
The Midway, Newcastle-under-Lyme
Marketed by
Heywoods - Newcastle Under Lyme The Estate Offices Blackfriars Road Newcastle Under Lyme, Staffordshire ST5 2EBCall agent on 01782 966540
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Monthly repayment
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.
The Midway, Newcastle-under-Lyme - Streetview
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