Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 1
Agent: Residential Estates - Chester Phone: 01244 988842
High-Yield Student Investment | 7.2% Net Return | Tenanted Until Aug 2026<br/>Orme House, 1 Orme Road, Newcastle-under-Lyme, Staffordshire, ST5 2FB<br/><br/>Guide Price: £44,000<br/><br/>The Investment:<br/>An excellent opportunity to acquire a tenanted, income-producing student studio within a modern, fully managed development in a high-demand university location.<br/><br/>This ground floor studio at Orme House delivers a 7.2% net yield, with a tenant already secured for the upcoming academic year-making it a hands-off, ready-made investment.<br/><br/>Key Investment Highlights:<br/> £8,874 annual rental income (£174 per week)<br/> 7.2% net yield<br/> Tenanted: Sept 2025 - Aug 2026<br/> Fully managed by an experienced operator<br/> High occupancy development<br/> Affordable entry price point<br/><br/>The Property:<br/>- Modern studio apartment (Plan 36 / Room 42)<br/>- Located on the ground floor of the new build section<br/>- Completed in 2019<br/>- Fully furnished and tenant-ready<br/>- Designed specifically for student living<br/>- Development Overview<br/><br/>Orme House is a purpose-built student accommodation scheme developed in response to strong demand in the area.<br/>Mix of studio and cluster apartments<br/>Proven track record of high occupancy<br/>Popular with students attending nearby universities<br/><br/>* Please note: Images are for reference only any may be a unit of similar specification<br/><br/>Location:<br/>Situated in Newcastle-under-Lyme, a thriving student hub serving:<br/>- Keele University<br/>- Staffordshire University<br/><br/>The area continues to see consistent student demand, driven by limited supply of high-quality accommodation.<br/><br/>Management & Lettings:<br/>- Managed by Urban Student Life (USL)<br/>- Lettings also handled by USL<br/>- Established operator with a strong UK portfolio<br/>- Fully hands-off investment structure<br/>- Financial Breakdown<br/>- Purchase Price: £44,000<br/>- Rental Income: £8,874 per annum<br/>- Net Yield: 7.2%<br/><br/>Costs:<br/>- Service Charge: £4,600 per annum<br/>- Ground Rent: £468.95 per annum<br/>- Letting Fee: 6% + VAT (£639.92)<br/><br/>Tenure:<br/>- 250-year lease from September 2019<br/>- Developer Background<br/><br/>Developed by Abode, a well-established developer with over 35 years' experience, responsible for multiple successful student schemes including Keele House and other regional developments.<br/><br/>Why Invest in Orme House?<br/>- Strong, consistent student rental demand<br/>- Fully managed for a hands-off experience<br/>- Proven developer and management partnership<br/>- Immediate income with tenant in place<br/>- Attractive yield at a low entry price<br/><br/>Summary:<br/>A ready-made student investment offering secure income, professional management, and strong long-term demand in a proven rental location.<br/><br/>Ideal for both first-time investors and those looking to expand an existing portfolio.<br/><br/>Enquire Today!<br/>For further information, financial breakdowns, or to arrange access, please contact Residential Estates.<br/><br/>Tenure: Leasehold (250 years)<br/>Ground Rent: £468.95 per year<br/>Service Charge: £4,600 per year
