Studio apartment

Orme House, Keele, Newcastle, ST5 2RP

Size: sqm

Purchase price

£58,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
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

Key features

Fantastic hands off investment

Key features

Yielding an impressive 7.30% NET

Key features

Generate income right from completion

Key features

Luxurious and spacious studio apartment

Key features

High quality finish throughout

Key features

Kitchen with integrated appliances

Key features

Premium student development

Key features

Excellent onsite amenities

Key features

Gym and communal areas

Key features

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...

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.

  • Key features
    Tick Desktop Fantastic hands off investment
    Tick Desktop Yielding an impressive 7.30% NET
    Tick Desktop Generate income right from completion
    Tick Desktop Luxurious and spacious studio apartment
    Tick Desktop High quality finish throughout
    Tick Desktop Kitchen with integrated appliances
    Tick Desktop Premium student development
    Tick Desktop Excellent onsite amenities
    Tick Desktop Gym and communal areas
    Tick Desktop Brilliant location
  • LocationLocation

*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.

Breakdown
Financial performance*
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.