Keele House, The Midway, Newcastle Studio for sale

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Keele House, The Midway, Newcastle Studio for sale

Keele House, The Midway, Newcastle
£45,000

Our Summary

  • Stylish Studio Investment Opportunity in Keele House, Newcastle-under-LymeFlat 61 - Keele House, The Medway, ST5 1LD Prime Student Investment Fully Furnished Tenanted Until 2026 8
  • PBSA Investment Opportunity

Description

This stylish studio apartment in Keele House, Newcastle-under-Lyme, offers a rare investment opportunity with a high-yielding, hands-off investment. The apartment is fully furnished and tenanted until 2026, generating a net yield of 8.8%. The property is part of a purpose-built development that caters exclusively to students, boasting full rental occupancy since launch. The apartment comes with a range of amenities, including modern high-spec interior, contemporary furniture, and professional management and letting services provided by Urban Student Life (USL). The lease is for 125 years, with service charges, letting costs, and ground rent paid quarterly or annually. The property is available for £45,000, with supporting documents including floorplans and a brochure available upon request.