Deluxe Studio 68

Investment Opportunity – 68 Keele House, Newcastle-under-Lyme, ST5 1LD

Deluxe Studio | First Floor | Purpose‑Built Student Accommodation | 9.27% Net Yield

Cash‑Only Purchase – £55,000

Property Overview

Introducing Unit 68, a deluxe studio apartment located on the first floor of the highly popular Keele House development. Purpose-built for the student rental market, the property offers a modern, low‑maintenance investment with strong tenant demand and consistent annual returns.

Keele House is ideally situated for both Keele University and Staffordshire University, benefiting from year‑round occupancy driven by the thriving student population.

Financial Overview

Current Rental Income

• £166 per week
• 51‑week tenancy
• Annual gross rental income: £8,466 per year

Costs

• Service Charge: £2,345 per year
• Ground Rent: £412 per year
• Letting/Management Fee:6% + VAT = £609.55 per year

Total Annual Costs: £3,366.55

Net Annual Income: £5,099.45

Net Yield:  9.27%

Lease Information

• Lease Length: 125 years from 23 December 2016
• Approx. 116 years remaining
• Long lease and modern construction provide strong long‑term security for investors.

Tenancy Status

• The current tenant is likely to extend their tenancy.
• The letting agent is confident in securing a new tenant quickly due to strong demand for high‑quality student accommodation in the area.

This makes the investment ideal for buyers seeking immediate and reliable income.

Why Invest in Keele House?

• Strong and consistent rental demand
• High net yield of 9.27%
• Fully managed, hands‑off investment
• Modern, low‑maintenance unit
• Close proximity to universities
• Cash‑only purchase ensures fast, secure completion

Summary

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