£52,500
Studio flat for sale
The Midway, Newcastle
studio Flat Property description
Stylish Studio Investment Opportunity in Keele House, Newcastle-under-Lyme
Flat 61 - Keele House, The Medway, ST5 1LD
Prime Student Investment
Fully Furnished
Tenanted Until 2026
7% Net Yield
£52,500
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.
* Tenanted until August 2025
* £170 per week on a 51-week term
* Modern, high-spec studio with contemporary furniture included
* Part of a professionally managed block by Urban Student Life (USL)
Investment Highlights:
* NET Yield: 7%
* 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
Flat 61 - Keele House, The Medway, ST5 1LD
Prime Student Investment
Fully Furnished
Tenanted Until 2026
7% Net Yield
£52,500
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.
* Tenanted until August 2025
* £170 per week on a 51-week term
* Modern, high-spec studio with contemporary furniture included
* Part of a professionally managed block by Urban Student Life (USL)
Investment Highlights:
* NET Yield: 7%
* 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
Property photos
Interested in this property?
Check Your Credit Report & Score 
Council tax
First listed
Over a month agoThe Midway, Newcastle
Marketed by
Residential Estates - Chester Kinnerton House, Bell Meadow Cuckoos Nest, Pulford CH4 9EPCall agent on 01244 988842
Placebuzz mortgage repayment calculator
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 - Streetview
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Residential Estates - Chester. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Residential Estates - Chester for full details and further information.
property_vrec_1