Orme House, Keele, Newcastle, ST5 2RP
Size: sqm
Purchase price
£58,000
Size: sqm
Tenanted
Gross rent | £7,436 |
Ground rent | £350 |
Service charge | £2,255 |
Lettings fees | £595 |
Net income | £4,236 |
Gross yield | 12.82% |
Net yield | 7.30% |
Generate an impressive yield above 7% NET straight from completion! This is an excellent opportunity to invest in hands-off, high-quality student accommodation in a very popular and centrally located development. Orme House was in recent years developed into premium self-contained studios and apartments across a purpose built block and a former school. This luxury studio apartment offered for sale is one of the biggest and most in demand units within the whole development and comes fully furnished with double bed, wardrobe, desk and has it’s own kitchenette and ensuite bathroom. Students residing in the development also have access to an array of communal areas for socialising and studying, laundry services, a gym and a 24/7 concierge.
Orme House is ideally located in the bustling student town of Newcastle-Under-Lyme and is the ideal choice of accommodation for students, with convenient access to local everyday amenities, shops, bars and restaurants, the city’s attractions and transport links. The development is just around a 5 to 10-minute walk from both Keel University and Staffordshire University, meaning it will always be in demand from the constant supply of students drawn here to study.
There hasn’t ever been a better time to invest in student accommodation in Newcastle-Under-Lyme, with both its nearby highly respected educational institutions having a student population of around 30,000. Staffordshire University has invested over £100million in developing it’s campus over the past decade and was recognised for both Teaching Quality and Social Inclusion in The Times and The Sunday Times Good University Guide 2021. Keele University recently ranked as Britain’s best university, as ranked by students in the Student Crowd University Awards 2022 and in the top 10 for Student Experience in The Times Good University Guide 2022.
UNMISSABLE HANDS OFF HIGH YIELDING STUDENT INVESTMENT! Invest in one of the most in demand luxury apartments within this recently completed development of premium student accommodation.
Interested in this property? Enquire today for more information
Key features
Fantastic hands off investment
Yielding an impressive 7.30% NET
Generate income right from completion
Luxurious and spacious studio apartment
High quality finish throughout
Kitchen with integrated appliances
Premium student development
Excellent onsite amenities
Gym and communal areas
Brilliant location
UNMISSABLE HANDS OFF HIGH YIELDING STUDENT INVESTMENT! Invest in one of the most in demand luxury apartments within this recently completed development of premium student accommodation. More info... Less info...
Generate an impressive yield above 7% NET straight from completion! This is an excellent opportunity to invest in hands-off, high-quality student accommodation in a very popular and centrally located development. Orme House was in recent years developed into premium self-contained studios and apartments across a purpose built block and a former school. This luxury studio apartment offered for sale is one of the biggest and most in demand units within the whole development and comes fully furnished with double bed, wardrobe, desk and has it’s own kitchenette and ensuite bathroom. Students residing in the development also have access to an array of communal areas for socialising and studying, laundry services, a gym and a 24/7 concierge.
Orme House is ideally located in the bustling student town of Newcastle-Under-Lyme and is the ideal choice of accommodation for students, with convenient access to local everyday amenities, shops, bars and restaurants, the city’s attractions and transport links. The development is just around a 5 to 10-minute walk from both Keel University and Staffordshire University, meaning it will always be in demand from the constant supply of students drawn here to study.
There hasn’t ever been a better time to invest in student accommodation in Newcastle-Under-Lyme, with both its nearby highly respected educational institutions having a student population of around 30,000. Staffordshire University has invested over £100million in developing it’s campus over the past decade and was recognised for both Teaching Quality and Social Inclusion in The Times and The Sunday Times Good University Guide 2021. Keele University recently ranked as Britain’s best university, as ranked by students in the Student Crowd University Awards 2022 and in the top 10 for Student Experience in The Times Good University Guide 2022.
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
Gross rent | £7,436 |
Ground rent | £350 |
Service charge | £2,255 |
Lettings fees | £595 |
Net income | £4,236 |
Gross yield | 12.82% |
Net yield | 7.30% |
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
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yieldit is a company registered in England and Wales. Registered number: 5236745.