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Tenanted Studio Apartment
Tenanted Studio Apartment - One London Road
£53,000
Tenanted Studio Apartment - One London Road
£53,000
Price History
| Initial price | £56,000 |
| 03/10/25 | £53,500 |
| 05/11/25 | £53,000 |
| Price Change | -5.36% |
Description
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Here is a summarized version of the property description in a single paragraph:
This is a hands-free investment opportunity in a purpose-built student accommodation (PBSA) development in Newcastle-under-Lyme. The studio apartment is fully tenanted and furnished, with a 10% NET return, and is located just 0.3 miles from the town centre and close to Keele University and the Royal Stoke University Hospital. The apartment features an open-plan bedroom with kitchenette and study space, separate en-suite bathroom, and modern furnishings. The development offers a range of premium on-site amenities, including a gym, communal lounge rooms, and roof garden terraces, which ensure strong rental demand from students. With a leasehold tenure and annual ground rent and service charge of £350 and £1,642 respectively, this is a low-risk investment opportunity with a proven track record of high occupancy rates and consistent rental demand.