1 bed flat for sale

Keele House 138The Midway, Newcastle Under Lyme, Staffordshire ST5

For sale by online auction on Tuesday, 10 Nov 2026 ending at 11:03

tenanted studio flat for sale by auction 9th - 10th November

tenanted studio flat for sale by auction 9th - 10th novemberfor sale via online auction on Monday 9th November at 1PM until Tuesday 10th November 11AM.

Property is tenanted contact for viewing ACCESSFlat 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

please note No appliances have been tested by Auction House.

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Additional Fees
Buyers Premium: Buyers Premium Charge is a non-refundable £1,800 inc VAT payable upon exchange

Administration Charge - Administration Charge is a non-refundable £1,800 inc VAT payable upon exchange

Disbursments - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.