1 bed flat for sale in Keele House, Newcastle-Under-Lyme ST5, £65,000

65,000.00

Offer Nr.:
65763083
Type of ad:
for Sale
Property type:
1 bed flat
Bedrooms:
1
Bathrooms:
1
Contact name:
Marcus Telford
Phone(s):
020 8115 8052

* Leasehold
* Deluxe Studio
* Fully managed, hands free investment
* Tenanted until Sep 22 at £143 per week
*cash purchase only*
**Deluxe studio
**
Keele House is an investment opportunity in the north of England student
accommodation sector, giving investors an opportunity to purchase a fabulous
income - generating asset. The development comprises of modern, self - contained
studio suites which are fully furnished.
Within walking distance of both Keele and Staffordshire University, Keele
House caters exclusively to students looking to live both independently and
comfortably. Keele House offers a dedicated cinema and game room, a gym and
concierge service and a roof garden.
Keele House - Key Investment Facts
Tenanted until Sep 24 at £143 per week with viewings currently taking place
for the next academic year.
120 year leasehold
Fully managed, hands - free investment
Unit 24 - Investment Breakdown
Tenancy - £140 per week until Sep 24 (51 week tenancy)
Gross Rental - £7, 436
Service Charge - £2, 298 per annum approx
Ground Rent - £350 per annum
Keele House is in Newcastle - Under - Lyme's town centre and is just a short walk
from the shopping centre, public transport, banks, bars, cinema and
supermarkets. A few minutes to Stoke - on - Trent, the location is within easy
reach of the city's many attractions. Boasting a premiership football club,
famous attractions such as the Wedgwood museum and Alton Towers, there will
never be a dull moment in the life of these students! Keele House provides the
luxury of being central to the town but also is within just 5 or 10 minutes
from each of the two Universities of Keele and Staffordshire.
Reservation Process
1\. Speak to member of the sales team to confirm proof of funds
2\. Pay a £2, 000 non - refundable reservation fee
3\. Solicitors instructed
4\. Full funds due on completion

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