Flat for sale in Keele House, Newcastle-Under-Lyme ST5

£65,000
Interested in this property? Call +44 20 8115 8052 * or Request Details

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Flat for sale - 1 bedroom

1 1

Tenure:
Leasehold
Time remaining on lease:
120 years
Service charge:
£2,298 per year
Ground rent:
£350
Domestic rates:
A

Property features

  • Deluxe Studio
  • Fully managed, hands free investment
  • Tenanted until Sep 22 at £143 per week

Property description

*cash purchase only*


Deluxe studio


Keele House is an investment opportunity in the north of England student accommodation sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises of modern, self-contained studio suites which are fully furnished.

Within walking distance of both Keele and Staffordshire University, Keele House caters exclusively to students looking to live both independently and comfortably. Keele House offers a dedicated cinema and game room, a gym and concierge service and a roof garden.

Keele House - Key Investment Facts

Tenanted until Sep 24 at £143 per week with viewings currently taking place for the next academic year.
120 year leasehold
Fully managed, hands-free investment

Unit 24 - Investment Breakdown
Tenancy - £140 per week until Sep 24 (51 week tenancy)
Gross Rental - £7,436
Service Charge - £2,298 per annum approx
Ground Rent - £350 per annum

Keele House is in Newcastle-Under-Lyme's town centre and is just a short walk from the shopping centre, public transport, banks, bars, cinema and supermarkets. A few minutes to Stoke-on-Trent, the location is within easy reach of the city's many attractions. Boasting a premiership football club, famous attractions such as the Wedgwood museum and Alton Towers, there will never be a dull moment in the life of these students! Keele House provides the luxury of being central to the town but also is within just 5 or 10 minutes from each of the two Universities of Keele and Staffordshire.

Reservation Process
1. Speak to member of the sales team to confirm proof of funds
2. Pay a £2,000 non-refundable reservation fee
3. Solicitors instructed
4. Full funds due on completion
Arrange Viewing

For more information about this property, please contact
Marcus Telford, TW7 on +44 20 8115 8052 * (local rate)

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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 Marcus Telford, and do not constitute property particulars. Please contact Marcus Telford 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.

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