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£40,000

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48 Keele House, Newcastle Under Lyme, ST5 1LD

Residential

flat

studio

Vacant

1

bed

1

bath

1

reception

Tax band: A

Freehold

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How to buy at auction

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Deadline for offers

Tomorrow

Tenanted Student Accomodation Investment Opportunity

Description

  • PRIME NEW ENTRY. We are excited to present this fantastic investment opportunity. Studio flat, located within a sought after location in Newcaste Under Lyme.
 
  • **54 Keele House, The Midway, Newcastle Under Lyme, ST5 1LD Previously sold for £55,000. 26, Keele House, The Midway, Newcastle Under Lyme, ST5 1LD Previously sold for £55,000**
 
  • Sure to appeal to shrewd investors looking for a readily let investment opportunity.
 
  • For rental purposes, the property is currently tenanted at £750 per month (£9,000 per annum) Excellent high yield.
 
  • Property is situated in a prime location for student accommodation, just a stones throw away from the town centre, with shops and other amenities nearby. Property is 6 minutes from Keele University. 
 

NEW ENTRY. Excellent Studio Flat, located in a prime location in Newcastle Under Lyme. 

**Property is 5 minutes from Royal Stoke University Hospital**

Property comprises: Studio flat equipped with kitchen and bathroom. 

 **6 minutes from Keele university**

Sure to appeal to shrewd buy to let investors looking for an affordable investment opportunity with high yielding returns.

 **Service Charge £240 p/a**

**Ground Rent £420 p/a**

Property is currently tenanted at £9,000 per annum.

Sales Evidence:

**54 Keele House, The Midway, Newcastle Under Lyme, ST5 1LD Previously sold for £55,000. 26, Keele House, The Midway, Newcastle Under Lyme, ST5 1LD Previously sold for £55,000**

Sure to appeal to shrewd buy to let investors looking for a  high yielding opportunity in a prime location for Student Accommodation.

 

This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our Offer Now button on our website.

 

This property is offered at a fantastic price to ensure an Auction sale.

 

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

 

Location

 

Keele is often considered an attractive property investment location because it combines the stability of a large student population from Keele University with strong demand from healthcare workers employed at nearby University Hospitals of North Midlands NHS Trust. Its position between Stoke-on-Trent and Newcastle-under-Lyme provides good transport links, while property prices have traditionally remained more affordable than many other university towns, offering potential for stronger rental yields. Ongoing investment in the university, healthcare sector and local infrastructure continues to support housing demand, making Keele appealing to both buy-to-let investors and those seeking long-term capital growth.

Map

Deposit & Fee Calculator

10%, minimum deposit £5,000

3% subject to a minimum of £5,000 plus VAT

Total payable today if offer accepted (deposit + fee)

£11,000

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Terms of Sale

All buyers must verify terms prior to placing a bid. Some sellers may have variations within their contracts. Should you place a bid you are confirming you are happy to proceed as per the Terms of the contract.