1 /5
£100,000
Apartment, Orme House, Orme Road, Newcastle-under-lyme, ST5
- 2 beds
£100,000
- 2 beds
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Estimate monthly mortgage payment:
£457 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
£5,000
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Apartment 81 - Orme House
Orme House is a brand-new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self-contained one-bed studios and two-bedroom apartments, which is completed to a high standard and will be delivered fully furnished.
The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.
Fully Furnished
Development Completed in 2019 - Fully Let Since Completion
Student Studio Apartment
Rental Amount:
- 81a is £137 x 46 / £6,302 pa
- 81b is £135 x 51 / £6,885 pa
- £13,187 in total pa
Second Floor Apartment
Lease is 250 Years from 2018
Ground Rent is £350 per annum
Service Charge & Letting Fee is £2,169 per annum
Managed by USL
* Photos for reference only and may not be the actual apartment
Tenure: Leasehold (250 years)
Ground Rent: £350 per year
Service Charge: £1,350 per year
Orme House is a brand-new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self-contained one-bed studios and two-bedroom apartments, which is completed to a high standard and will be delivered fully furnished.
The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.
Fully Furnished
Development Completed in 2019 - Fully Let Since Completion
Student Studio Apartment
Rental Amount:
- 81a is £137 x 46 / £6,302 pa
- 81b is £135 x 51 / £6,885 pa
- £13,187 in total pa
Second Floor Apartment
Lease is 250 Years from 2018
Ground Rent is £350 per annum
Service Charge & Letting Fee is £2,169 per annum
Managed by USL
* Photos for reference only and may not be the actual apartment
Tenure: Leasehold (250 years)
Ground Rent: £350 per year
Service Charge: £1,350 per year
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
These figures are estimates and are provided for guidance only
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
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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