The Met, Newcastle-Under-Lyme
£45,000Guide Price
For more information please contact our team:
Pure Investor are pleased to offer Studio 32 at The Met, 16 The Midway, Newcastle-under-Lyme—an excellent opportunity to acquire a fully tenanted student investment within a well-established and professionally managed development.
The Met is a modern student accommodation scheme ideally located for Staffordshire University, benefiting from strong and consistent demand driven by annual student intake. The development provides a fully managed, hands-off investment, making it suitable for both new and experienced landlords.
Newcastle-under-Lyme is a thriving university town, also supported by its proximity to Royal Stoke University Hospital. The central location offers easy access to campus facilities, strong transport links, and a wide range of retail, dining, and leisure amenities. The student rental market remains reliable, with demand closely aligned to the academic year.
This unit benefits from secured forward income for the 2026/27 academic year and represents a high-yielding investment at an asking price of £45,000.
Gross annual rental income: £7,515 (£167 x 45 weeks)
Service charge: £2,281
Management fee: £766.53 (10.2% inc Vat)
Ground rent: £404
Total deductions: £3451.53
Net annual income: £4063
Net yield: 9.0%
Student FM is an established student accommodation management company with experience managing student properties and handling the day-to-day running of tenancies, helping to make ownership more hands-off for investors.
Continuing with them offers continuity of management and helps maintain a consistent service for tenants, reducing the hassle of having to appoint a new managing agent.
Pure Investor has sold several units managed by Student FM, including two or three at Primus Place in recent months, so they are a familiar operator to our buyers.
StudentFM currently operates across 11 UK cities, with 22 buildings and 2,500 beds under lettings management, demonstrating an established presence in the student accommodation sector. They would be delighted to continue managing the property for any investors who purchase.
