Keele House is a purpose built student accommodation (pbsa) block which is a refurbishment of an office block located in the Newcastle-Under-Lyme town centre. The development is in a fantastic location for universities.
This development is a superb, high-yielding opportunity in the UK student accommodation sector. Apartment 7 (Unit LG10 on the floorplan) is a tenanted studio apartment currently rented at £135 per week x 51 weeks of the academic year until august 2021.
The apartment comes fully furnished, the development itself has been fully tenanted since completion. This provides an investor an opportunity of a quick return on their capital. Student tenants at Keele house have the use of a communal lounge and study area complete with sofa's, desks, TV's and gaming equipment.
There are on-site laundry facilities, a fully equipped gymnasium free of charge for tenants of the building.