Generate an impressive yield above 7% net straight from completion! This is an
excellent opportunity to invest in hands - off, high - quality student
accommodation in a very popular and centrally located development. One London
Road is a development of premium self - contained studios and this luxurious
studio apartment offered for sale comes fully furnished with double bed,
wardrobe, desk and has its own kitchenette and ensuite shower room. Students
residing in the development also have access to an array of communal areas for
socialising and studying including a rooftop terrace and residents lounge, in
addition to onsite laundry services and bike storage.
One London Road is ideally located in the bustling student town of Newcastle -
Under - Lyme and is the ideal choice of accommodation for students, with
convenient access to local everyday amenities, shops, bars and restaurants,
the city’s attractions and transport links. The development is perfectly
placed just 10 minutes from both Keele University and Staffordshire University
as well as the Royal Stoke University Hospital, meaning it will always be in
demand from the constant supply of students drawn here to study.
There hasn’t ever been a better time to invest in student accommodation in
Newcastle - Under - Lyme, with both its nearby highly respected educational
institutions having a student population of around 30, 000. Staffordshire
University has invested over £100million in developing its campus over the
past decade and was recognised for both Teaching Quality and Social Inclusion
in The Times and The Sunday Times Good University Guide 2021. Keele University
recently ranked as Britain’s best university, as ranked by students in the
Student Crowd University Awards 2022 and in the top 10 for Student Experience
in The Times Good University Guide 2022.
**Financial Breakdown**
Gross rent: £8, 109
Ground rent: £350
Service charge: £1, 750
Lettings fees: £541
Net income: £5, 468
Gross yield: 11. 58%
Net yield: 7. 81%
**Important Note To Purchasers**
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general
outline only for guidance, and do not constitute any part of an offer or
contract. Neither Yieldit nor the vendor or lessor accept any responsibility
in respect of these particulars, which are not intended to be statements or
representations of fact and any intending purchaser must satisfy himself by
inspection or otherwise as to the correctness of each of the statements
contained in these particulars.
Yieldit ref: Yl - 07526

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