Newcastle Under Lyme ST5 Studio for sale

>

Newcastle Under Lyme ST5 Studio for sale

Newcastle Under Lyme ST5
£86,350

Our Summary

  • EXCLUSIVE NEW-BUILD INVESTMENT OPPORTUNITY

Description

Deakin's Yard is a brand-new Purpose-Built Student Accommodation block in Newcastle-under-Lyme, offering an exclusive investment opportunity for keen property investors. The development features 273 apartments, including one-bedroom studio apartments ranging from £86,350 to £99,500, with sizes from 157.37 sqft to 162.97 sqft. The apartments are fully furnished and come with a range of amenities, including a resident gym, cinema, communal garden, reception with concierge, bike store, and study room. The development's first completion is expected by Q3 2025, and investors can take advantage of a 10% NET on a 3-year corporate let. With a service charge of £11.16 psf and a 999-year lease, this is a rare opportunity to invest in a high-yielding property with a strong potential for returns.