No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

Studio

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Studio
0 bed
0 bath

Key information

Tenure: Leasehold | 125 yrs left
Ground rent: £350 per annum | review period: unconfirmed
Service charge: £1,750 per annum
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Leasehold (125 years remaining)
  • Fully Furnished Studio
  • Popular Student Location
  • PBSA Investment Opportunity
  • Tenanted Investment
  • 8% NET Yield
We are pleased to be able to offer the chance for investors to purchase a tenanted studio apartment in this very popular student PBSA development. The development is located in the heart of Newcastle Under Lyme,approximately 0.3 miles south of the town centre, and providing accommodation to students attending Keele University & the Royal Stoke University Hospital.

The apartment comes fully furnished (incl. in purchase price) meaning this is a fully 100% hands free investment opportunity.

This is a full studio apartment, comprising of a bedroom with kitchenette and a desk area, with a separate en-suite bathroom (shower).

Tenants of ONE London road have the benefit of on site gyms, communal lounge rooms with pool tables and flat screen tvs, and roof garden terraces overlooking a park.

There is a huge demand for this type of accommodation in the area as students look for fully enclosed places where they don't have to share kitchen and bathroom facilities normally found in many University campuses.

Apartments in this block are producing a 10% NET yield.

Tenure: Leasehold (125 years)
Ground Rent: £350 per year
Service Charge: £1,750 per year

Places of interest

    Residential Estates is an independent property company that provides unrivalled expertise in UK residential and commercial investments, property management, and sales as well as lettings. Covering all aspects of the property industry, our estate agents and consultants are experts in investment properties, sales, and lettings, this ensures that you are in safe hands with experts available to assist you with your property.  With more than 26 years in the industry, we are associated with the Property Ombudsman for your complete peace of mind.

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    *DISCLAIMER

    Property reference OLRB1. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Residential Estates - Chester.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 10, 2022

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 10, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.