1 bed flat for sale

The Midway, Keele House ST5

Tenure: Leasehold

Heywoods Estate Agents are pleased to bring to the market Flat 90, 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 is offered as a ready-made investment opportunity and is available to investors only. The property is pre-let, providing immediate rental income, and forms part of a professionally managed student accommodation development with an experienced on-site team.

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 90 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 an excellent hands-off investment opportunity in a well-established student development. Contact Heywoods Estate Agents today to arrange a viewing.

EPC Rating: C

Bedroom Area (2.02m x 2.94m)

Shower Room (1.27m x 1.74m)

Kitchen Area (2.71m x 2.94m)

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.