High specification fourth floor student studio for sale at The Met student development in Newcastle Under Lyme. This stunning student studio is currently tenanted until 17th June 2022, and we are currently awaiting tenancy details for the new academic year starting in September.
The Met is a stunning development of 211 high specification student apartments, perfectly located in the heart of Newcastle Under Lyme, and in close proximity to two major universities. Built over 10 floors, The Met offers a selection of student studios ranging from 18m2 up to 32m2. Designed to cater for the most discerning model day students, each studio includes an en-suite bathrooms, bespoke kitchen and separate living and sleeping areas.
The Met also offers an array of facilities including:
Group study area
Cafe style common area
Parcel delivery room
Unit 60 at The Met, Newcastle Under Lyme - Investment Highlights
Floor Plan Unit 60 (Door Number 59)
4th floor high specification unit
Current Tenancy : 11/09/21 to 17/06/22 – 40 weeks @£130.00 per week = £5,200.00
Service Charge £1,600.00 per annum
Lettings fee 4% plus vat = £249
Ground Rent = £300.00 (250 year lease from 2020)
Net Return = £3,051.00 (4.4% yield)
The Met - Location
Situated in the heart of Newcastle-Under-Lyme, The Met offers easy and convenient access to the main campuses of both Keele University and the Unversity of Staffordshire. The town itself offers students excellent transportation and cycle links, and The Met itself is just a short walk from the shops and restaurants in the in the city centre.
The Met - Payment Process
Complete a reservation form to secure the unit
Pay a £2,000 non-refundable reservation fee
Balance due on completion (less reservation fee paid)
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Call: +44 (0) 161 337 3890
Perfectly situated in the heart of the student town of Newcastle-Under-Lyme, The Met benefits from an array of nearby amenities on its doorstep from cafés, pubs and nightclubs to high-street shops, supermarkets and leisure activities. With The Met being located within close proximity to; Keele University, Staffordshire University and Royal Stoke University means it can serve the large number of students in the area. Currently there are approximately 25,000 students in the surrounding area and with a shortfall in accommodation means there is a high demand for high quality student accommodation to cater for the fast-growing student population.
Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.
We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.
We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.
If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either email@example.com or Tel: 0161 826 4606.
We look forward to hearing from you!