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SOLD STC

The Midway, Newcastle Under Lyme, Staffordshire, ST5

Key features

  • Fully managed student property
  • Close to two major universities
  • Earn £4,421.58 net per annum
  • 8.5% net rental yield

Description

Pure Investor are delighted to present Keele House, a luxury student development, ideally located in Newcastle-Under-Lyme.

Keele House is an investment opportunity in the UK student accommodation sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 160 modern, self-contained studio suites which will be completed to a high standard and will be delivered fully furnished.

Each studio will features a kitchenette and an en-suite bathroom. Within walking distance of both Keele and Staffordshire University, Keele House caters exclusively to students looking to live both independently and comfortably. Keele House offers a dedicated cinema and game room, a gym and concierge service and a roof garden.

Investment Highlights
Invest from only £52,000
Earn up to 8.5% net yields
Ground rent £350 per annum
Net rental returns up to £4,421.58 per annum
Fully managed, hands free investment
Leading student management company in place (Urban Student Life)
Town centre location, close to two major universities
Investor friendly payment plan
Fully completed development

Onsite Facilities
Common Room
Gym
Study Room
TV (communal)
WiFi
Lockable Bedroom
Bike Storage
Laundry Room
Recycling
Purchase Process

Complete a reservation from to secure the unit
Pay a £2,000 non-refundable reservation fee
Solicitors instructed
Balance due on completion (less reservation fee paid)

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

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ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

125 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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The Midway, Newcastle Under Lyme, Staffordshire, ST5

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stoke-on-Trent Station2.0 miles
  • Longport Station2.3 miles
  • Longton Station4.0 miles
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About the agent

Pure, Manchester

125 Deansgate, Manchester, M3 2LH

Pure, Manchester

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

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Disclaimer - Property reference 111KEELEHOUSE. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Pure, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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