Apartment , Orme House, Orme Road, Newcastle-under-Lyme
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
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Key features
- 9% NET rental yield
- Excellent Location
- Large Demand for Student Accomodation
- Popular Student Location
- Sought after location
- Student investment opportunity
Description
Orme 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 Furnished
Development Completed in 2019 - Fully Let Since Completion
Student Studio Apartment
Rental Amount:
- 81a is £137 x 46 / £6,302 pa
- 81b is £135 x 51 / £6,885 pa
- £13,187 in total pa
Second Floor Apartment
Lease is 250 Years from 2018
Ground Rent is £350 per annum
Service Charge & Letting Fee is £2,169 per annum
Managed by USL
* Photos for reference only and may not be the actual apartment
Tenure: Leasehold (250 years)
Ground Rent: £350 per year
Service Charge: £1,350 per year
Brochures
Brochure- 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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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Apartment , Orme House, Orme Road, Newcastle-under-Lyme
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stoke-on-Trent Station2.2 miles
- Longport Station2.4 miles
- Longton Station4.2 miles
About the agent
Residential Estates, Chester
First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EP
We started our business 25 years ago as a Chester based property rental and lettings agency, and have grown into a respected, and diverse provider of property services.
The reason for our long term success, is due to constant focus on developing lasting client relations, offering unparalleled expertise over a full spectrum of services within the property industry.
We currently have multiple business departments, listed as follows:
Residential Property Investment
Reside
Notes
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