Summary -
Flat 125,Keele House,The Midway,NEWCASTLE,ST5 1LD
ST5 1LD
1 bed 1 bath Apartment
Fully managed, tenanted studio in the heart of Newcastle-under-Lyme—turnkey student investment.
Fully furnished fourth-floor studio with en-suite shower
Let to a tenant until August 2026 — managed tenancy in place
Rental income £158 per week (x51 weeks)
Lease: 125 years from Dec 2016 (c.118 years remaining)
Service charge £2,242pa; ground rent £412pa; maintenance £222pa listed
Central location popular with students; immediate access to shops and station
Area flagged as deprived with very high crime — consider local risk
Council tax recorded as exempt (student accommodation)
A compact, fully furnished studio in Keele House, located in the centre of Newcastle-under-Lyme, is presented as a turnkey student let. The fourth-floor apartment has its own en-suite shower, kitchenette and study area, plus building amenities including gym access and an on-site concierge for managed, secure living.
This unit is tenanted until August 2026 and currently managed, making it suitable for an investor seeking immediate rental income. The current rental contract yields £158 per week (paid across 51 weeks), and the property is offered with a long lease (125 years from December 2016, approximately 118 years remaining).
Buyers should note clear drawbacks: the building sits in a high-crime, deprived area and the overall location is characterised as a cosmopolitan student neighbourhood, not a family location. Annual charges include a service charge of £2,242 and ground rent of £412; a separate maintenance figure of £222 is also listed. Council tax is recorded as exempt for this banded student accommodation.
Overall this is a practical, low-hassle student investment with on-site management and strong local demand for self-contained units. The property’s positives—central location, concierge, gym and being fully managed—are balanced by elevated service costs and local area risks that buyers should factor into yield and valuation calculations.
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