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79 Keele House, The Midway, Newcastle

£54,925
Reduced on 06/03/2020
Residential Estates, Chester
PROPERTY TYPE
Apartment
BATHROOMS
x1

Property description

Tenure: Leasehold, 125 years remaining

Keele House is a superb, high-yielding investment opportunity in the UK student accommodation sector. The development comprises 147 modern self contained studio suites, which have been completed to a high standard, and delivered fully furnished.

Keele House has been serving the accommodation requirements of students studying at both Keele, and Staffordshire Universities for several years. With a genuine shortage of quality self-contained accommodation in the area, Keele House has set a unique, and unrivalled option for students at an incredibly competitive price.

79 Keele House is available for investors to buy now:

Fully Furnished
Development Completed in 2017 - Been Fully Let Since completion
Tenanted Until 23rd August 2020
Student Studio Apartment
Rental Amount is £130 per week, x 51 weeks for Academic Year 2019-2020
Lower Ground Floor Apartment
Lease is 125 Years from 2017
Ground Rent is £350 per annum
Service Charge is £2,373.51 per annum
Lettings Fees are 8% +VAT

All this produces a respectable 7.1% net yield

Brochures

Brochure

79 Keele House, The Midway, Newcastle

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Stoke-on-Trent Station2.0 miles
  • Longport Station2.3 miles
  • Longton Station4.0 miles
Mortgages
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Market information
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About the agent

Residential Estates, Chester

First FL. Kinnerton House Bell Meadow Business Park Park Lane Pulford CH4 9EP

Residential Estates, Chester

We started our business 25 years ago as a Chester based property rental and lettings agency, and have grown into a respected, and diverse provider of property services.

The reason for our long term success, is due to constant focus on developing lasting client relations, offering unparalleled expertise over a full spectrum of services within the property industry.

We currently have multiple business departments, listed as follows:

Residential Property Investment

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Disclaimer - Property reference RS0119. 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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