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The Midway, Keele House, ST5

PROPERTY TYPE

Flat

BEDROOMS

1

BATHROOMS

1

SIZE

226 sq ft

21 sq m

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

Key features

  • Deluxe student studio apartment
  • Prime Newcastle-under-Lyme town centre location
  • Rental income of £8,058 per year
  • Gym access, communal lounge and no chain
  • Fully managed with onsite concierge

Description

Heywoods Estate Agents are pleased to bring to the market Flat 141, Keele House, a stylish deluxe studio apartment situated in the heart of Newcastle-under-Lyme town centre.

Designed with modern student living in mind, this well-presented apartment offers an excellent hands-off investment opportunity, with the development fully managed by an experienced on-site team. It is ideally suited to investors looking for a low-maintenance addition to their portfolio within a popular student rental location.

The apartment includes a contemporary en-suite shower room, while residents of Keele House benefit from access to a gym, communal lounge, concierge service and secure, professionally managed surroundings.

Keele House continues to attract strong student demand thanks to its convenient position close to Keele University, as well as being within walking distance of shops, restaurants and transport links. Flat 141 currently achieves £158 per week over a 51-week period, producing an annual rental income of £8,058. The annual maintenance charge is £2,242 and the ground rent is £412. The lease runs for 125 years from December 2016.

Offered with no upward chain, this is a ready-made investment opportunity in a well-established student development. Contact Heywoods Estate Agents today to arrange a viewing.

Bedroom Area

3.06m x 3.03m

Shower Room

1.32m x 1.77m

Kitchen/Sitting Area

2.53m x 2.89m

Disclaimer

These particulars are provided for general guidance only and do not form part of any offer or contract. Whilst every effort has been made to ensure the information is accurate, it should not be relied upon as statements or representations of fact. Neither the vendor nor the agent make any warranty or representation regarding the property and the agent has no authority to do so on behalf of the vendor. All measurements, areas and distances are approximate and photographs are for illustrative purposes only. Fixtures, fittings, appliances and services referred to have not been tested and no guarantee can be given as to their condition or working order. Material information has been provided by the seller and other sources and should be independently verified by prospective purchasers through inspection and by consulting their solicitor or surveyor. If your offer is accepted, a £36 fee will apply for Anti-Money Laundering identity checks.

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.
Band: A
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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The Midway, Keele House, ST5

Approximate location

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Affordability

Monthly repayments£226
Property: £ 45,000
Deposit: £ 4,500
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
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About Heywoods, Newcastle-under-Lyme

The Estate Offices Blackfriars Road, Newcastle Under Lyme, ST5 2EB

Heywoods is the leading independent estate agent in the Newcastle-under-Lyme area and beyond. Our reach extends throughout North Staffordshire to South Cheshire and the Shropshire border.

We hold client money protection with Propertymark, membership number C0137085

We hold redress membership with the Property Redress Scheme, membership number PRS035861

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Disclaimer - Property reference ba15f09c-d9de-4735-843d-40203dc7752f. 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 Heywoods, Newcastle-under-Lyme. 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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