This property is no longer on the market
1 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Completed development
- 249 years leasehold
- 7% NET returns for 2 years
- Located in the heart of Stoke-on-Trent
- Walking distance to Straffordshire University
- Great on-site facilities
- £0 ground rent
- Cash investment only
- Furniture included
- Fully managed investment
Consisting of 95 studio and 2-bedroom student apartments, this new-build development completed in 2018 and has been extremely popular with those studying in the area ever since. The development is within walking distance of Staffordshire University and is located close to local bus routes to both Keele University and Hanley city centre. In addition to the excellent location, tenants will also benefit from first-class facilities at the development, including a gym, laundry room, communal area, a games room with a pool table and a deluxe rooftop lounge. Kiln House is the only privately run, university approved purpose-built student accommodation in the area. The development is managed by the University of Staffordshire's Student Union's lettings company, Greenpad, and as a result there are no stamp duty charges for investors. There is a huge shortage of high-quality student accommodation in Staffordshire, and Kiln House provides first class, university approved student living in the heart of the region.
Why Invest in Stoke?
• Only 30% coverage of PBSA in the area, meaning over 2 in 3 students cannot access this kind of accommodation, which in turn pushes the value of your accommodation and the rent up.
• Two universities in the area, one an 8 min walk and the other a 20 min drive.
• Historical City that grew in the industrial era.
• Population of 255,000 people
• 90 mins to London Euston via Train
• Centre of the UK's Pottery Industry (Wedgewood, Royal Staffordshire, Emma Bridgewater & Emma Lacey are all collectable and internationally recognisable brands).
• Situated between Manchester and Birmingham on the M6
• 9,000 firms are based in the city
• Michelin Tyres have their UK Headquarters in Stoke
• JCB, the world leaders in construction machinery have announced 2,500 new jobs.
• The UK's largest car manufacturer, Jaguar Land Rover, will be creating 1,400 jobs at its new engine plant.
• The world's largest online retailer, Amazon, have announced 1,200 jobs at a new distribution plant at Trentham Lakes near to the Bet 365 Stadium.
Payment Plan- £5,000 to reserve, 25% on exchange (minus reservation) & 75% on completion.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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