The Midway, Newcastle Under Lyme, Staffordshire, ST5
- PROPERTY TYPE
Studio
- SIZE
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Key features
- Student unit investment property
- Current rental income of £155 per week
- Agreed rental for 2026 - 2027 at £162 per week
- Well maintained development
- Net yield of 8.03%
Description
Prime Student Investment Opportunity
Tenanted for 2026/27 Academic Year | Net Income £4,419.28 | Attractive Yield
An excellent opportunity to acquire a fully let student investment within The Met, a well-established and professionally managed student development in Newcastle-Under-Lyme.
This unit offers secured forward income for the 2026/27 academic year and provides a strong return at an asking price of £55,000.
Investment Summary
Asking Price: £55,000
Gross Rental Income: £8,262 per annum
Net Rental Income: £4,419.28 per annum
Gross Yield: 15.02%
Net Yield: 8.03%
Tenancy Secured for 51 Weeks (2026/27)
Professionally Managed Development
Tenancy Details (2026/27)
Tenancy Start Date: 12 September 2026
Tenancy End Date: 3 September 2027
Tenancy Term: 51 weeks
Weekly Rent: £162
Total Contract Value: £8,262
Agreed Payment Schedule (4 Instalments)
6 August 2026
28 September 2026
18 January 2027
26 April 2027
This structured instalment schedule provides predictable income distribution across the academic year.
Financial Breakdown
Income
Gross Rental Income: £8,262 per annum
Outgoings
Service Charge: £2,800 per annum
Ground Rent (estimated): £200 per annum
Letting Agent Fee (8.5% + VAT): £842.72
Total Annual Outgoings: £3,842.72
Net Income
£4,419.28 per annum
Based on the asking price of £55,000, this represents:
Gross Yield: 15.02%
Net Yield: 8.03%
The Development - The Met
The Met is a modern student accommodation development located at 16 The Midway, Newcastle-Under-Lyme. The scheme is ideally positioned for Staffordshire University and benefits from strong, consistent student demand driven by annual academic intake.
The development offers a professionally managed environment, making this a hands-off investment suitable for both new and experienced landlords.
Location
Newcastle-Under-Lyme is a well-established university town serving Staffordshire University and benefiting from proximity to Royal Stoke University Hospital. The town centre location provides:
Walking distance to university facilities
Excellent transport links
Retail, dining and leisure amenities nearby
The local student market remains stable, with demand aligned to the academic calendar each year.
Why Invest?
Secured tenancy in place
Strong gross and net yields
Fixed 51-week contract
Structured instalment payment plan
Affordable entry price point
Fully managed student development
This property presents an attractive opportunity for investors seeking predictable academic-year income within a proven student market.
- 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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Energy performance certificate - ask agent
The Midway, Newcastle Under Lyme, Staffordshire, ST5
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