Flat 155, Keele House, The Midway... 1 bed apartment for sale

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Flat 155, Keele House, The Midway... 1 bed apartment for sale

Flat 155, Keele House, The Midway, Newcastle-Under-Lyme, Staffordshire ST5
£60,000

Our Summary

  • Modern, stylish, and designed for the student market, this property represents an exceptional investment opportunity—particularly for buyers looking to secure a hands-off, fully managed asset with consistently strong rental demand
  • Student Investment Opportunity

Description

assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This deluxe studio apartment is located in the heart of Newcastle-under-Lyme town centre and is designed for the student market. The modern, stylish apartment features a well-appointed en-suite shower room and exclusive access to high-quality onsite facilities, including a private gym and communal lounge. The property is professionally managed and benefits from an onsite concierge, ensuring a secure and well-maintained environment. With no upward chain, the property is ready for immediate purchase and offers strong yields in a proven rental market. The current tenant is committed until the end of August 2026 and pays £177 per week, making the total rent £9,027 per year. The maintenance charge is £2,366 per year, plus £192 for building insurance. The lease is 125 years from December 2016 and the ground rent is £412 per year.