2 bed Flat For Sale £100,000
Apartment , Orme House, Orme Road, Newcastle-under-Lyme

Apartment 81 - Orme House

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 is completed 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
Student Studio Apartment
Rental Amount:
- 81a is £137 x 46 / £6,302 pa
- 81b is £135 x 51 / £6,885 pa
- £13,187 in total pa
Second Floor Apartment
Lease is 250 Years from 2018
Ground Rent is £350 per annum
Service Charge & Letting Fee is £2,169 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