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124, 128, 137 -141, 143, 144, 147 The Metropolis, The Midway, Staffordshire, ST5 1FD

PROPERTY TYPE

Flat

BEDROOMS

10

BATHROOMS

10

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • 10 x Self-Contained Studio Apartments within Modern Development
  • Fully Let – Producing a Gross Income of £83,487 per Annum
  • Ground Rent: £300 per Apartment, per Annum (£3,000 Total)
  • Sought-After Town Centre Location
  • Excellent Access to Local Amenities, University, and Transport Links
  • Attractive Investment Opportunity with Immediate Income Stream
  • Online Auction on Thursday, 21 August 2025

Description

The investment comprises 10 x studio apartments situated within a contemporary mixed-use development, with secure access and communal areas.

Each apartment is self-contained, with an open-plan living and kitchen area, a double bedroom, and a modern bathroom. The block benefits from lift access and communal amenities.

All 10 units are currently let on Assured Shorthold Tenancy (AST) agreements, producing a combined gross rental income of £83,487 per annum.

'The Met' is a purpose built student accommodation block of apartments completed to a high standard in 2020, offering excellent communal facilities including The building provides amenities including, group study area, café style common room, laundrette, cycle storage and parcel delivery room.


Location:

The property is located within The Met, a modern purpose-built apartment block situated on The Midway in the heart of Newcastle-under-Lyme, Staffordshire. The building is ideally positioned just 0.2 miles from the town centre, offering immediate access to an array of high street shops, bars, cafés, and leisure facilities.

It is well-located for Keele University and the Royal Stoke University Hospital, both of which contribute to strong rental demand in the area.

Transport connections are very good with Stoke-on-Trent railway station is approximately 2.5 miles away, providing direct services to London Euston, Manchester, and Birmingham. Road links are nearby including the A34, A500, and the M6 motorway (Junction 15), offering easy access across the Midlands and beyond.


Tenancy:

All apartments are let on ASTs (copies available in the legal pack)


Online Auction on Thursday, 21 August 2025. For further information, such as legal documents and property information, please visit bidx1.com.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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124, 128, 137 -141, 143, 144, 147 The Metropolis, The Midway, Staffordshire, ST5 1FD

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About BidX1, Covering UK

BidX1 UK, Henry Wood House, 4-5 Langham Place, London, W1B 3DG

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Disclaimer - Property reference 104083. 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 BidX1, Covering UK. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call BidX1, Covering UK on 020 3910 6202.

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