Summary - The Midway, Newcastle Under Lyme, Staffordshire, ST5 ST5 1LD
1 bed 1 bath Studio
Hands-off, long-lease studio with immediate rental income potential.
Close to Keele University — strong student demand
Fully furnished studio with en-suite shower room
Fully managed tenancy with onsite concierge and gym access
Current income £158/week (51 weeks) — £8,058 pa
Service charge c. £2,242 pa and ground rent £412 pa
Long lease remaining — 116 years
Area classified as deprived with very high local crime
Student-market exposure may limit wider resale audience
This fully furnished studio in Keele House is presented as a ready-made student investment close to Keele University. It is fully managed with an onsite concierge, communal lounge, gym access and consistent rental demand aimed at hands-off landlords.
The apartment produces current contracted income of £158 per week (51 weeks), equating to £8,058 per year. Annual running costs include a service charge of approximately £2,242 and ground rent of £412; these materially reduce net return and should be factored into investment calculations.
Practical strengths include a modern en-suite shower room, contemporary furnishings, long lease (116 years remaining) and no onward chain for immediate purchase. The block’s management handles tenant sourcing, rent collection and maintenance, simplifying ownership for investors.
Notable limitations: the property sits in an area assessed as deprived with very high local crime — important for risk assessment and insurance. Broadband speeds are average; local market is primarily student-led, which may limit non-student tenant demand and influence long-term capital growth.
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