The Met, Newcastle-Under-Lyme
£55,000Guide Price
For more information please contact our team:
Pure Investor are delighted to present studio 050 in The Met, 16 The Midway, Newcastle-Under-Lyme. An excellent opportunity to acquire a fully let student investment within The Met, a well-established and professionally managed student development in Newcastle-Under-Lyme.
This unit offers secured forward income for the 2026/27 academic year and provides a strong return at an asking price of £55,000.
Studio 050 The Met – Financials
Gross annual rental income (51 weeks x £155.00) = £7,905.00
Deductions:
Annual service charge = £2,800
SFM Management fee = £842.72
Annual ground rent = £200
Total Deductions = £3,842.72
Estimated net rental income = £3,842.72
Current net yield: 7.4%
2026 – 2027 estimated net yield: 8.0%
Payment Plan
Reserve your unit with a signed reservation form
Provide certified ID, proof of address and proof of funds to Pure Investor
Pay a £2,000 non-refundable reservation fee
Remaining balance due on completion