Apartment , Orme House, Orme Road, Newcastle
- PROPERTY TYPE
Studio
- BATHROOMS
1
- SIZE
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Description
Orme House, 1 Orme Road, Newcastle-under-Lyme, Staffordshire, ST5 2FB
Guide Price: £44,000
The Investment:
An excellent opportunity to acquire a tenanted, income-producing student studio within a modern, fully managed development in a high-demand university location.
This ground floor studio at Orme House delivers a 7.2% net yield, with a tenant already secured for the upcoming academic year-making it a hands-off, ready-made investment.
Key Investment Highlights:
£8,874 annual rental income (£174 per week)
7.2% net yield
Tenanted: Sept 2025 - Aug 2026
Fully managed by an experienced operator
High occupancy development
Affordable entry price point
The Property:
- Modern studio apartment (Plan 36 / Room 42)
- Located on the ground floor of the new build section
- Completed in 2019
- Fully furnished and tenant-ready
- Designed specifically for student living
- Development Overview
Orme House is a purpose-built student accommodation scheme developed in response to strong demand in the area.
Mix of studio and cluster apartments
Proven track record of high occupancy
Popular with students attending nearby universities
* Please note: Images are for reference only any may be a unit of similar specification
Location:
Situated in Newcastle-under-Lyme, a thriving student hub serving:
- Keele University
- Staffordshire University
The area continues to see consistent student demand, driven by limited supply of high-quality accommodation.
Management & Lettings:
- Managed by Urban Student Life (USL)
- Lettings also handled by USL
- Established operator with a strong UK portfolio
- Fully hands-off investment structure
- Financial Breakdown
- Purchase Price: £44,000
- Rental Income: £8,874 per annum
- Net Yield: 7.2%
Costs:
- Service Charge: £4,600 per annum
- Ground Rent: £468.95 per annum
- Letting Fee: 6% + VAT (£639.92)
Tenure:
- 250-year lease from September 2019
- Developer Background
Developed by Abode, a well-established developer with over 35 years' experience, responsible for multiple successful student schemes including Keele House and other regional developments.
Why Invest in Orme House?
- Strong, consistent student rental demand
- Fully managed for a hands-off experience
- Proven developer and management partnership
- Immediate income with tenant in place
- Attractive yield at a low entry price
Summary:
A ready-made student investment offering secure income, professional management, and strong long-term demand in a proven rental location.
Ideal for both first-time investors and those looking to expand an existing portfolio.
Enquire Today!
For further information, financial breakdowns, or to arrange access, please contact Residential Estates.
Tenure: Leasehold (250 years)
Ground Rent: £468.95 per year
Service Charge: £4,600 per year
Brochures
Brochure- 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
Apartment , Orme House, Orme Road, Newcastle
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About Residential Estates, Chester
First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EPAffordability
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Visit our security centre to find out moreDisclaimer - Property reference 42Orme. 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 Residential Estates, Chester. 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.
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