1 Bedroom Investment For Sale in The Midway, Newcastle-Under-Lyme, Staffordshire, ST5 1QG | Barrows & Forrester - Sales, Lettings, Property Valuations & Buy-to-Let Investments
1 Bedroom Investment For Sale
The Midway, Newcastle-Under-Lyme, Staffordshire, ST5 1QG
From 73,500

Key Features

  • Luxury Student Acommodation
  • Self Contained Studio Apartments
  • Fully Furnished To High Spec
  • 7.5% Assured Rental Returns For 5 Years
  • Located Between 2 Universities
  • Walking Distance To Local Amenities
  • 4% Interest During Construction on Funds

Summary

Barrows & Forrester are proud to present this amazing opportunity that is not to be missed.

As this building is managed by a specialist management company, this fantastic ground floor studio apartment boasts a not only a truly hands off investment opportunity, but also an assured rental return of 7.5% per annum for the first 5 years.

Thanks to its meticulous design and high quality finishes 'The Met' has the look and feel of a luxury five star hotel as opposed to the traditional student 'digs'. Featuring vibrant, yet industrial interiors offering a nod to Newcastle-under-Lyme's heritage and offers tenants social areas to relax, 24 hour gaming zone, 24 hour launderette and hotel style lobby just for starters. All of this being within a prime central location in the hub of everything the town has to offer will make sure these apartments are not around for long.

The modern palette of materials and finishes in the communal spaces are echoed throughout the student apartments. All apartments are fully furnished with stylish kitchens and quality modern appliances. Each apartment features a private kitchen and dining area, ensuite bathrooms, study spaces and generous living areas that are flooded with light. The floor to ceiling window design of the building contrasts with the modern brickwork of the building"s exterior.

Location

The development is in an area commutable to two major universities and on the sight of a former nightclub. It also offers tenants the opportunity to be in the centre of it all with shops, restaurants, bars and the towns hotspots at their fingertips!

There is demand from 25,000 students across Keele University, Staffordshire University and Royal Stoke University Hospital (part of Keele Medical School) and a shortage of supply.

Keele University campus for example, only has enough accommodation for first year undergraduates (2,800 beds) with second and third years and postgraduates living primarily in Newcastle-Under-Lyme. The Met has been specifically developed to meet some of this demand and that is just one of the universities in the vicinity of this amazing development.

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Additional Information

For further information on this property please call 0121 296 2600 or e-mail [email protected]

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