Studio flat for sale

Pool Dam, Newcastle Under Lyme, Staffordshire, ST5

£69,999

Property Description

Key features

  • 102 self-contained studio and 2 bedroom apartments from 69,999
  • 9% NET rental returns assured for 5 Years (excludes ground rent)
  • 5% interest paid on deposited funds
  • Newcastle-Under-Lyme is home to over 27,000 students
  • Gymnasium, Communal Lounge, Study Room
  • Prime city centre location

Full description

Sand Royale would like to introduce Orme House, a stunning Grade II listed conversion and new build development made up of 102 self-contained studios and 2-bedroom apartments ideally located in the lucrative Newcastle-Under-Lyme student market.

Ideally located in Newcastle-Under-Lyme's town centre and just a short walk from the shopping centre, public transport, banks, cinema and supermarkets, Orme House will provide much needed accommodation for students studying at both Keele University and Staffordshire University.

With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students both at Keele University and Staffordshire University.

Orme House rundown:

? 102 self-contained studio and 2 bedroom apartments from £69,999
? 9% NET rental returns assured for 5 Years (excludes ground rent)
? 5% interest paid on deposited funds
? Newcastle-Under-Lyme is home to over 27,000 students
? Gymnasium, Communal Lounge, Study Room
? Prime city centre location

Management Company

URBAN STUDENT LIFE - IS ONE OF THE LEADING STUDENT ACCOMMODATION MANAGEMENT COMPANIES IN THE UK.

USL is a complete, independent, full-service property development and management
targeted at the student accommodation, PRS and educational sectors.
We aim to provide cost-effective solutions in an uncomplicated manner that will allow our clients
to achieve performance, investment return and sustainable quality.
We aim to deliver results across a range of services within the student accommodation and
wider educational sector. Our core activities are agency services (finding properties and
end users), technical services (delivering properties) and operational and financial services
(managing properties to optimise the potential developments).

OPERATIONAL MANAGEMENT

At Urban Student Life, we can provide full management services for any student accommodation property. This is supported by sales and marketing expertise targeted at the international student sector on both short and longer-term courses, providing greater opportunities to yield manage the property and thus produce higher returns.

Reception and administrative duties Enrolment of student wardens to support site-based teams
Checking in and out of all students at the beginning and end of tenancies Inventory management
Apartment inspections, deep cleaning, repairs, renewals and redecoration Cleaning and maintenance of common areas and shared facilities Reservation and contract administration
Security and emergency management Solving students' occupational needs and issues
Day-to-day marketing Overseeing summer lets Control of rental voids and bad debts
including legal action where necessary.


Listing History

Added on Rightmove:
07 August 2018

Nearest stations

  • Stoke-on-Trent (2.1 mi)
  • Longport (2.3 mi)
  • Longton (4.2 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

Use the school checker

To view this property or request more details, contact:

Sand Royale, Leigh On Sea

1807 London Road Leigh-On-Sea Essex SS9 2ST

01702 744167 Local call rate

How much will it cost me to call the number displayed on the site?

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Map & Street View

Nearest stations

  • Stoke-on-Trent (2.1 mi)
  • Longport (2.3 mi)
  • Longton (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Sand Royale, Leigh On Sea

1807 London Road Leigh-On-Sea Essex SS9 2ST

01702 744167 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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