Newcastle Under Lyme ST5 Studio for sale

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Newcastle Under Lyme ST5 Studio for sale

Newcastle Under Lyme ST5
£107,250

Our Summary

  • EXCLUSIVE NEW-BUILD INVESTMENT OPPORTUNITY
  • Investment opportunity

Description

Deakin's Yard is a brand-new purpose-built student accommodation block in Newcastle-under-Lyme, offering an exclusive investment opportunity. The development features 273 apartments, including one-bedroom self-contained flats, with prices ranging from £107,250 to £120,450. Each flat is fully furnished and provides a spacious living area, with sizes ranging from 330.25 to 389.13 square feet. The development offers a range of amenities, including a resident gym, cinema, communal garden, reception with concierge, bike store, and study room. The first completion is expected by Q3 2025, and investors can benefit from a 10% net yield on a three-year corporate let. With a service charge of £11.16 per square foot, covered in the first three years, and a 999-year lease, this is a unique opportunity for investors to secure a stable and lucrative return.