£50,000
1 bed flat for saleThe Midway, Keele House ST5
1 bed
1 bath
1 reception
EPC Rating: C
- Chain free
- Leasehold
Heywoods
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About this property
Studio Apartment
Student Investment Opportunity
En-Suite Shower
Fully Managed
Great Town Centre Location
Gym Access and Communal Lounge
Experienced Management Company - Onsite Concierge
Flat 138 at Keele House is a contemporary studio apartment ideally positioned in the heart of Newcastle-under-Lyme town centre, presenting an excellent investment opportunity within the thriving student rental market. The development is fully managed by an experienced onsite team, offering investors a straightforward, hands-off addition to their portfolio with strong and consistent rental demand.
Designed to meet the needs of modern student living, the apartment features a well-planned studio layout and a private en-suite shower room, providing both comfort and convenience. Residents also enjoy exclusive access to excellent onsite amenities, including a fully equipped gym and a stylish communal lounge, creating additional space to relax and socialise. The building benefits from professional management and an onsite concierge, ensuring a secure, well-maintained environment for tenants.
Located close to Keele University, the property is particularly attractive to students seeking high-quality accommodation within easy reach of campus. Its town centre setting also provides immediate access to shops, restaurants and transport links, further enhancing its appeal to prospective tenants.
Offered with no upward chain, Flat 138 is ready for immediate investment. Whether you are entering the property market for the first time or expanding an established portfolio, this modern studio apartment offers strong potential in a highly sought-after location.
Current rental amount per week is £177 and for 51 weeks which makes the total rent - £9,027.
The Maintenance charge is: £2,366 in yearly service charge + £192 building insurance.
Lease is 125 years from 23 December 2016
Ground rent - £412 per anum
EPC Rating: C
Hallway (1.55m x 1.02m)
Living Area (2.94m x 2.92m)
Bedroom (2.08m x 2.92m)
Shower Room (1.31m x 1.78m)
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.
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More information
Tenure
Leasehold (115 years)
Service charge
£2,558 per year
Council tax band
Council tax band not yet known
Ground rent
£412
Ground rent date of next review