Studio Flat For Sale £57,000
Orme Road, Newcastle ST5

Spacious student studio for sale in the hugely popular Orme House student development in Newcastle Under Lyme town centre. This is a fully managed and high specification student development, which is perfectly located to offer students close proximity to both Keele University and the University of Staffordshire. 

Orme House is our latest purpose-built student accommodation, perfectly situated in Newcastle-Under-Lyme town centre. 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 into two parts; a refurb of a listed school building and a newly built block.

Studio 68 (£57,000- 21sqm)

Tenanted at £145 per week for 51 weeks 23/24

Gross Rental: £7,395.00

Service Charge: £2,424.00

Lettings & Management Fee: £444.00

Ground Rent: £350

Net Rental: £4,177.00

NET Yield: 7.3%

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 unrivaled option for students.