Studio flat for sale

Brunswick Street, Newcastle Under Lyme, Staffordshire, ST5

Fixed Price £52,000

Property Description

Key features

  • 8% net rental income contractually assured for 10 years
  • Specialists in student property investment
  • Established student property management company in place

Full description

Tenure: Leasehold

Welcome to the new Sky Building student development, a stunning new development of 330 high quality student units. Comprising of en-suite and luxury student studios, the new Sky Building development is being developed to cater for the considerable demand for high quality student accommodation within the local area.

Key to investment considerations is the location of the three universities in relation to the Sky Building. Within Newcastle Under Lyme there is now a considerable undersupply of high quality accommodation in the town and throughout the local area.

As of 2015, there are over 10,000 students studying at Keele University, with the university currently providing accommodation for just over 3,000 students. In additional, Staffordshire University has over 19,100 students. Understandably, this creates a considerable demand for high quality student accommodation each year.

Sky Building - Investment Overview
- Stoke City Centre
- Earn up to 8% Net Rental Income for up to 10 Years
- Underground Parking
- Experienced Management Company
- Prices from 52,000.00 per unit
- Completion September 2017

Keele University - Location
Sky Building is only a short distance away from Keele University, the largest campus university in the UK. Sky Building is also within 2 miles of Staffordshire University and within 1 mile of Royal Stoke University Hospital which currently has over 6,000 members of staff, a percentage of which are medical students undergoing training.

In short, Sky Building is perfectly situated for students attending either of the three educational institutions. The demand for accommodation in the area far outstrips supply and, geographically, private halls are the main accommodation solution.

For an investor this strong demand for accommodation is great news and as a result the developer is happy to offer all investors an 8% net rental income for up to 10 years.

Keele students where ranked 1st in the UK for student satisfaction in the 2015 National Student Survey. Feedback from the students found them to be happy with the quality of their university experience and rated their courses as intellectually stimulating.

The University's overall score of 95% places Keele in first position for the second year running - above the likes of Oxford, Cambridge, and the Open University.

Payment Process
1. Complete the reservation form and pay the reservation fee
2. 50% of purchase price due on exchange contracts (reservation fee deducted)
3. Staged payment at 3 months from exchange of contacts
4. Final payment on completion

Listing History

Added on Rightmove:
08 October 2015

Nearest stations

  • Stoke-on-Trent (1.7 mi)
  • Longport (2.1 mi)
  • Longton (3.9 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Hopwood House Limited, Manchester

The Forum Windmill Lane, Denton, M34 3QS

0161 468 0126 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Stoke-on-Trent (1.7 mi)
  • Longport (2.1 mi)
  • Longton (3.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hopwood House Limited, Manchester

The Forum Windmill Lane, Denton, M34 3QS

0161 468 0126 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference HHUKSTASKYens. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hopwood House Limited, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.