1 Bedroom Flat

Heywoods Estate Agents are delighted to offer for sale Flat 114, Keele House, a modern deluxe studio apartment located in the heart of Newcastle-under-Lyme town centre.

Purpose-built for contemporary student living, this well-maintained apartment is available to investors only and provides an attractive ready-made investment opportunity. The property is currently pre-let, offering immediate rental income, and forms part of a professionally managed student accommodation development with an experienced on-site management team.

The apartment features a stylish en-suite shower room, while residents of Keele House also have access to a range of communal facilities, including a gym, residents’ lounge, concierge service and secure, professionally managed surroundings.

Keele House remains popular with students due to its convenient location close to Keele University, as well as its proximity to Newcastle-under-Lyme’s shops, restaurants and public transport links. Flat 114 currently achieves a rental income of £158 per week over a 51-week period, providing an annual income of £8,058. The annual maintenance charge is £2,242, with ground rent payable at £412 per annum. The lease was granted for a term of 125 years from December 2016.

Offered with no upward chain, Flat 114 represents an excellent hands-off investment opportunity within a well-established student development. Contact Heywoods Estate Agents today to arrange a viewing.