1 /8
£45,000
Keele House, The Midway, Newcastle, ST5
- 0 beds
£45,000
- 0 beds
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Estimate monthly mortgage payment:
£205 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£2,250
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Stylish Studio Investment Opportunity in Keele House, Newcastle-under-Lyme
Flat 18 - Keele House, The Medway, ST5 1LD
? Prime Student Investment
? Corner Unit with 6 Windows
? Fully Furnished
? Tenanted Until 2026
? 9.5% Net Yield
? £45,000
This exceptional corner studio apartment in the ever-popular Keele House development offers a rare chance to secure a high-yielding, hands-off investment in the thriving student hub of Newcastle-under-Lyme.
Completed in 2017, this purpose-built development caters exclusively to students and boasts full rental occupancy since launch-an impressive testament to its ongoing demand and location.
* Please Note - Images are for reference only and may not be the exact apartment for sale.
Key Features:
* Corner position with 6 windows - bright, airy, and spacious
* Tenanted until August 2025 and already rebooked for 2025/26
* £170 per week on a 51-week term
* Modern, high-spec studio with contemporary furniture included
* Located on Lower Ground Floor (Unit LG-16) - Flat 18
* Part of a professionally managed block by Urban Student Life (USL)
Investment Highlights:
* NET Yield: 9.5%
* Lease Length: 125 years
* Service Charges, Lettings & Ground Rent:
* Management Fee (USL): £165.99/qtr
* Letting Costs (USL): £215.79/qtr
* IPM Service Charge: £1,121.18 half-yearly
* Ground Rent (E&M): £205.92 half-yearly
* Insurance: £189.25 annually
* Letting Fees: £863.16 annually
* Rental Guarantee: Not currently in place
* Payment Terms: 100% on exchange/completion
Supporting Documents:
Floorplans: Available
Brochure: Available on request
Professional management and letting in place via USL
Please contact us for access details and to receive the full brochure.
Tenure: Leasehold (125 years)
Ground Rent: £411.84 per year
Service Charge: £2,242.36 per year
USL Management Fee - £165.99 per quarter
USL Letting Costs - £215.79 per quarter
Insurance - £189.25 annually
Flat 18 - Keele House, The Medway, ST5 1LD
? Prime Student Investment
? Corner Unit with 6 Windows
? Fully Furnished
? Tenanted Until 2026
? 9.5% Net Yield
? £45,000
This exceptional corner studio apartment in the ever-popular Keele House development offers a rare chance to secure a high-yielding, hands-off investment in the thriving student hub of Newcastle-under-Lyme.
Completed in 2017, this purpose-built development caters exclusively to students and boasts full rental occupancy since launch-an impressive testament to its ongoing demand and location.
* Please Note - Images are for reference only and may not be the exact apartment for sale.
Key Features:
* Corner position with 6 windows - bright, airy, and spacious
* Tenanted until August 2025 and already rebooked for 2025/26
* £170 per week on a 51-week term
* Modern, high-spec studio with contemporary furniture included
* Located on Lower Ground Floor (Unit LG-16) - Flat 18
* Part of a professionally managed block by Urban Student Life (USL)
Investment Highlights:
* NET Yield: 9.5%
* Lease Length: 125 years
* Service Charges, Lettings & Ground Rent:
* Management Fee (USL): £165.99/qtr
* Letting Costs (USL): £215.79/qtr
* IPM Service Charge: £1,121.18 half-yearly
* Ground Rent (E&M): £205.92 half-yearly
* Insurance: £189.25 annually
* Letting Fees: £863.16 annually
* Rental Guarantee: Not currently in place
* Payment Terms: 100% on exchange/completion
Supporting Documents:
Floorplans: Available
Brochure: Available on request
Professional management and letting in place via USL
Please contact us for access details and to receive the full brochure.
Tenure: Leasehold (125 years)
Ground Rent: £411.84 per year
Service Charge: £2,242.36 per year
USL Management Fee - £165.99 per quarter
USL Letting Costs - £215.79 per quarter
Insurance - £189.25 annually
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£205 per month
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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- Conveyancing fee
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