Studio Flat For Sale £50,000
78 Keele House, The Midway, Newcastle

Keele House is a superb, high-yielding investment opportunity in the UK student accommodation sector. The development comprises 160 modern self contained studio suites, which have been completed to a high standard, and delivered fully furnished.

Keele House has been serving the accommodation requirements of students studying at both Keele, and Staffordshire Universities for several years. With a genuine shortage of quality self-contained accommodation in the area, Keele House has set a unique, and unrivalled option for students at an incredibly competitive price.

78 Keele House is available for investors to buy now:

Fully Furnished
Development Completed in 2017 - Been Fully Let Since completion
Tenanted Until August 2023
Student Studio Apartment
academic year (£128pw) 51-week term. 2023 / 24 at £149pw on 51 weeks
All this produces a respectable 6.2% NET yield

Follow this link to see the actual apartment:

Tenure: Leasehold (125 years)
Ground Rent: £411 per year
Service Charge: £2,130 per year