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Property details
Map & nearby

Studio for sale in Keele House, The Midway, Newcastle

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Studio for sale

Tenure:

Leasehold

Time remaining on lease:

Not available

Service charge:

Not available

Ground rent:

Not available

Domestic rates:

Not available

Property features

Central heating
Double glazing
Porter/security
Wood floors

Property description

Keele house totalling 160 student units and located in the centre of Newcastle. The touristic town has aprox 300,000 population and has excellent transport links with only 3hour train journey to london. Keele House is close to 2 major university - Keele University and Staffordshire University, where more than 35,000 pupils studying every year. Apartments are fully furnished and has own kitchen and bathroom. Facilities including 24/7 concierge, CCTV, laundry room, cycling storage, gym, it room, games room. Project completed in 2016.

6th floor student unit
125 years lease
• Fully completed and tenanted building
• Return yield 4-5% per annum
• Cash generating immediately
• Hands off and fully managed
• Full legal title
• No stamp duty payable

Tenure: 125 years from new
Ground rent: £350 pa
Service charge: Approx £2500 pa

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by LRC - London Sales and Letting Agency, and do not constitute property particulars. Please contact LRC - London Sales and Letting Agency for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.