Initial price	£75,000
28/09/24	£70,000
29/01/25	£69,000
Price Change	-8.00%

This modern purpose-built student studio apartment is located in the town centre of Newcastle-under-Lyme, within the Keele University catchment area. The upper-floor apartment features an open-plan living space with a kitchen area, bedstead, wardrobe, and desk, as well as a shower room and storage. The building offers communal facilities, including a concierge desk, post boxes, seating and study areas, laundry rooms, and bicycle storage, with lift and stair access to the upper floors. The property is currently let on a 51-week term, generating a gross income of £7,701 per year, and is available for sale with tenants in situ. The leasehold property has a 250-year term from January 2020, with a service charge of £1,630 per annum, ground rent of £300 per annum, and an average return of approximately 6%.