Studio for sale in Newcastle Under Lyme ST5
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Property description
Orme House comprises of 102 modern and self-contained one bed studios and two bed apartments, each fully furnished and completed to a high standard. The development is divided in to two parts; a refurb of a listed school building and a newly built block.
Studio 96 (£50,000.00 - 20.0sqm)
Tenanted at £145 per week for 46 weeks 23/24
Gross Rental: £6,670.00
Service Charge: £2,152.00
Lettings & Management Fee: £400.00
Ground Rent: £350
Net Rental: £3,768.00
net Yield: 7.5%
Studio 96 confirmed tenancy for 2024-25 (£170pw for 51 weeks)
Orme House - Features
Purpose built student accommodation
Recently completed to a high standard
Fully managed, hands-off investment
Leading management company in place (usl)
All studios will feature a kitchenette and an ensuite bathroom, alongside an array of communal areas which can be used by all students. Orme House is designed to create first class living standards for students with an array of facilities and communal areas, making Orme House a unique and unrivalled option for students.
For more information about this property, please contact
Pure, M34 on +44 161 937 0434 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pure, and do not constitute property particulars. Please contact Pure for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.