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Studio for sale

£69,995

The Orme Centre, Newcastle-Under-Lyme ST5

1
Interested in this property? Call +44 20 3641 5469 * or

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Property description

9% net income assured for 5 years

* modern studios and 2 beds from £69,995

* fully managed & hands off buy-to-let

* 5% income during build process

* conversion of listed property + new build

* fully furnished, gym, laundry, bike store

Orme House is a brand new investment opportunity in the UK Purpose Built Student Accommodation (pbsa) sector, giving investors an opportunity to purchase a fabulous income-generating asset.

The development comprises 102 modern self-contained one-bed studios and two-bedroom apartments, which will be complete to a high standard and will be delivered fully furnished.

Part of the development is a beautiful listed school building and a new build block. Each studio will feature a kitchenette and an en-suite bathroom and is available from just £69,999.

Payment is spread throughout the build and, what?S more, 5% interest will be paid on your deposited funds until the build is complete.

The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities.

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 at an incredibly competitive price.

Particularly popular with international students and postgraduates, Orme House provides first-class living standards coupled with a full range of facilities and communal meeting spaces.


Keele


7,700 students

11% of students are

from outside of the UK

Ranked 41 out of 119

(Guardian University Guide)

There are currently 8 applications

per university space

Ranked 44 out of 121 in the

Times Good University Guide


Staffordshire


20,000 students

13% of students are from

outside of the UK

Two campuses, one in Stoke-on-Trent

and one in Stafford

Computing and entertainment technology

degrees to move to Stoke-on-Trent

Ranked in the Times

Good University Guide

Contact Us For more information

The information contained within these details and/or marketing images and floor plans are intended as a general guide. This information does not constitute an offer or a contract and we (or anyone in our company) do not imply, make or give any representation, guarantee or warranty whatsoever relating to the terms contained within. Any intending purchaser must satisfy themselves as to the correctness of any of the statements, plans or images contained within. Images are for representational purposes only. The content contained within is correct adhering to the previous statement at the time of publishing.

The Orme Centre, Newcastle-under-Lyme, Staffordshire, ST5 2RP

69,995 gbp
Market activity
Average price paid £162,918 Sales 1,006 Current average value £176,945 (Zoopla Zed-Index) Value change £6,822 ▲ 4.01%

Property value data/graphs for ST5

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £274,875 £206 3.6 £245,408
Semi-detached £161,472 £180 3.0 £149,045
Terraced £110,992 £132 2.5 £105,116
Flats £131,367 £198 1.7 £116,064

Current asking prices in ST5

Average: £190,083
Avg. current asking prices in ST5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £127,231
(60)
£197,720
(119)
£344,307
(49)
£454,600
(10)
Flats £74,599
(33)
£126,156
(25)
- - -
All £74,599
(33)
£126,915
(85)
£197,720
(119)
£344,307
(49)
£454,600
(10)

Current asking rents in ST5

Average: £983 pcm
Avg. current asking prices in ST5
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £366 pcm
(17)
£536 pcm
(38)
£864 pcm
(58)
£1,318 pcm
(54)
£1,828 pcm
(19)
Flats £431 pcm
(26)
£744 pcm
(32)
£802 pcm
(4)
£1,352 pcm
(1)
-
All £405 pcm
(43)
£631 pcm
(70)
£860 pcm
(62)
£1,318 pcm
(55)
£1,828 pcm
(19)

Fun facts for ST5

Highest value in ST5
Highest value streets Zed-Index
Whitmore Heath £847,388
Allensway £672,420
Snape Hall Road £653,720
The Brampton £571,190
Acton, Newcastle-under-Lyme ST5 £520,366
Highest turnover in ST5
Highest turnover streets Turnover
Ashridge Avenue 56.8%
Reedmace Walk 50.0%
Milan Drive 47.6%
Magenta Drive 47.1%
Hawkstone Close 45.5%

What Zoopla users think of Newcastle-under-Lyme

Overall rating:

  • currently 4 stars
Very good - 78% (109 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Newcastle-under-Lyme:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Stoke-on-Trent (2.1 miles)
  • Longport (2.3 miles)
  • Longton (4.2 miles)
  • Manchester International Airport (23.9 miles)
  • Liverpool John Lennon Airport (34.0 miles)
  • East Midlands Airport (39.6 miles)
  • Woodside Birkenhead Ferry Terminal (41.8 miles)
  • Liverpool Pier Head Ferry Terminal (41.9 miles)
  • Liverpool Isle of Man & Dublin Terminal (42.0 miles)

Nearby schools

View all schools in Newcastle-under-Lyme
  • St Giles' and St George's Church of England Academy (0.1 miles)
  • St Mary's Catholic Primary School (0.2 miles)
  • Hassell Primary School (0.3 miles)
  • Newcastle and Stafford Colleges Group (0.5 miles)
  • Martec Training (0.8 miles)
  • Regent College (1.8 miles)
  • Blackfriars School (0.1 miles)
  • St John Fisher Catholic College (0.5 miles)
  • Coppice Academy (0.6 miles)
Note: Distances are straight line measurements

Local info for Newcastle-under-Lyme

About the neighbours in ST5

AskMe Q&A for Newcastle-under-Lyme

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For more information about this property, please contact
Select Estate, N11 on +44 20 3641 5469 * (local rate)

Monthly running costs Beta

£436 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,999
Repayment term 25
Interest rate 1.5
Your payment £251 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £12/mo (£142/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £20 Electricity £27 Estimated energy cost £47/mo

Similar properties could save up to £162

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Newcastle-under-Lyme

Estimated tax band A Council tax cost £106 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £11 Sewerage £9 Estimated water cost £20 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Select Estate, and do not constitute property particulars. Please contact Select Estate for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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