Tenanted Studio Apartment

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Tenanted Studio Apartment

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

<|start_header_id|>assistant<|end_header_id|> 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.