1 bed flat for sale

The Midway, Keele House ST5

Tenure: Leasehold

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.

EPC Rating: B

Bedroom Area (3.03m x 3.34m)

Ensuite (1.22m x 1.69m)

Kitchen Area (2.62m x 3.03m)

Disclaimer

These particulars are provided for general guidance only and do not form part of any offer or contract. Whilst every effort has been made to ensure the information is accurate, it should not be relied upon as statements or representations of fact. Neither the vendor nor the agent make any warranty or representation regarding the property and the agent has no authority to do so on behalf of the vendor. All measurements, areas and distances are approximate and photographs are for illustrative purposes only. Fixtures, fittings, appliances and services referred to have not been tested and no guarantee can be given as to their condition or working order. Material information has been provided by the seller and other sources and should be independently verified by prospective purchasers through inspection and by consulting their solicitor or surveyor. If your offer is accepted, a £36 fee will apply for Anti-Money Laundering identity checks.