2 bed Flat For Sale
£100,000
Apartment 81, Orme House, Orme Road, Newcastle
Description
Orme House is a brand new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sector, giving investors an opportunity to purchase a fabulous income-generating asset. The development comprises 102 modern self contained one-bed studios and two-bedroom apartments, which will be complete to a high standard and will be delivered fully furnished.
The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities.With a huge shortage of quality, self-contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.
Fully Furnished
* Development Completed in 2019 - Fully Let Since Completion
* Tenanted Until 4th September 2020
* Student Studio Apartment
* Rental Amount is £155 per week - £7,750 per annum
* Fourth Floor Apartment
* Lease is 250 Years from 2018
* Ground Rent is £350 per annum
* Service Charge & Letting Fee is £1,350
per annum
* Managed by USL
* Photos for reference only and may not be the actual apartment
Tenure: Leasehold (250 years)
Ground Rent: £350 per year
Service Charge: £1,350 per year