£50,000
Studio for saleKeele House, The Midway, Stoke-On-Trent ST5
1 bath
1 reception
EPC Rating: B
- Leasehold
Yieldit
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About this property
Fully Self Contained
Communal Areas
Central Location
Close to University
High Spec Finish
Fully Furnished
Hands Off Investment
On site Gym
Keele House, The Midway, Stoke-On-Trent, St5 1Ld
Keele House is an investment opportunity in Newcastle-Under-Lyme. Being a new addition to the UK student accommodation sector, it gives investors an opportunity to purchase a marvellous income-generating asset in a university oriented city. Comprising of 160 modern, fully self contained studio suites that will be completed to a high standard and delivered to investors fully furnished. Each studio features a kitchenette and an en-suite bathroom.
The development is especially built to take into consideration the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a massive shortage of quality self-contained accommodation in the area, Keele House delivers a unique and unrivaled option for students at an incredibly competitive price. As the popularity of international students in the UK grows and the amount of postgraduates at record levels, Keele House provides first-class living standards coupled with a full range of facilities and communal meeting spaces. All to meet and exceed the growing standards students have nowadays.
Keele House is located in Newcastle-Under-Lyme's town centre, just a short walk from the shopping centre, public transport links, banks, bars, cinema and supermarkets. It is also just a few minutes to Stoke-on-Trent and the many attractions it has to offer.
Enquire today to avoid disappointment!
Financial Breakdown
Gross Rent: £8,058.00
Net income: £4,823.62
Gross yield: 16.12%
Net yield: 9.65%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08047
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Tenure
Leasehold (116 years)
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Ground rent
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