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Keele House, The Midway, Newcastle Studio for sale
Keele House, The Midway, Newcastle
£45,000
Keele House, The Midway, Newcastle
£45,000
Our Summary
- Stylish Studio Investment Opportunity in Keele House, Newcastle-under-LymeFlat 18 - Keele House, The Medway, ST5 1LD Prime Student Investment Corner Unit with 6 Windows Fully Furnished Tenanted Until 2026 9
- PBSA Investment Opportunity
Description
This stylish studio apartment in Keele House, Newcastle-under-Lyme, offers a rare investment opportunity with a 9.5% net yield. The corner unit, with six windows, is fully furnished and tenanted until 2026, providing a hands-off investment. The apartment is part of a purpose-built development that caters exclusively to students, with full rental occupancy since launch. The property is managed by Urban Student Life (USL), which handles lettings, ground rent, and service charges. The lease is for 125 years, and the ground rent and service charges are £411.84 and £2,242.36 per year, respectively. The apartment is available for £45,000, with a payment term of 100% on exchange and completion.