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No longer on the market

This property is no longer on the market

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10 bedroom flat

Auction
Flat
10 beds
10 baths
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent
BroadbandSuper-fast 80Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • 10 x Self-Contained Studio Apartments within Modern Development
  • Fully Let – Producing a Gross Income of £83,487 per Annum
  • Ground Rent: £300 per Apartment, per Annum (£3,000 Total)
  • Sought-After Town Centre Location
  • Excellent Access to Local Amenities, University, and Transport Links
  • Attractive Investment Opportunity with Immediate Income Stream
  • Online Auction on Thursday, 24 July 2025

The investment comprises 10 x studio apartments situated within a contemporary mixed-use development, with secure access and communal areas.

Each apartment is self-contained, with an open-plan living and kitchen area, a double bedroom, and a modern bathroom. The block benefits from lift access and communal amenities.

All 10 units are currently let on Assured Shorthold Tenancy (AST) agreements, producing a combined gross rental income of £83,487 per annum.

'The Met' is a purpose built student accommodation block of apartments completed to a high standard in 2020, offering excellent communal facilities including The building provides amenities including, group study area, café style common room, laundrette, cycle storage and parcel delivery room.


Location:

The property is located within The Met, a modern purpose-built apartment block situated on The Midway in the heart of Newcastle-under-Lyme, Staffordshire. The building is ideally positioned just 0.2 miles from the town centre, offering immediate access to an array of high street shops, bars, cafés, and leisure facilities.

It is well-located for Keele University and the Royal Stoke University Hospital, both of which contribute to strong rental demand in the area.

Transport connections are very good with Stoke-on-Trent railway station is approximately 2.5 miles away, providing direct services to London Euston, Manchester, and Birmingham. Road links are nearby including the A34, A500, and the M6 motorway (Junction 15), offering easy access across the Midlands and beyond.


Tenancy:

All apartments are let on ASTs (copies available in the legal pack)


Online Auction on Thursday, 24 July 2025. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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