Summary - Flat 143, Keele House, The Midway, NEWCASTLE ST5 1LD
1 bed 1 bath Studio
Affordable town-centre studio, ideal for student lets and high-yield investors..
- Purpose-built studio with kitchenette and en-suite shower
- On-site gym, communal reception and study areas
- Leasehold: 121 years remaining
- Ground rent £350 per year
- EPC rating C; double glazing present
- Main heating: electric room heaters (higher running costs)
- Town centre location near universities and Royal Stoke Hospital
- Local area: very high crime and deprived classification
A compact, self-contained studio in Keele House positioned for student and young-professional rental demand. The open-plan layout includes a kitchenette and en-suite shower, with communal reception, study areas and an on-site gym that help attract tenants and command steady occupancy.
This leasehold apartment (121 years remaining) offers a low asking price that will appeal to investors seeking a high-yield opportunity in Newcastle-under-Lyme town centre. EPC C and double-glazed windows are positives for energy performance, but main heating is by electric room heaters which can increase running costs for occupants.
Practical considerations are clear: the property is small and built for purpose as student accommodation, so refurbishment potential is limited to internal redecoration and functional upgrades. Note the ground rent of £350 and very cheap council tax, which affect operating costs and tenant affordability respectively.
Location is a primary strength — close to Keele and Staffordshire universities, Royal Stoke Hospital, shops, bars and transport links — supporting consistent demand from students and early-career professionals. However, the area records very high crime levels and sits within a deprived local area classification, factors investors should weigh when forecasting yields and tenancy stability.
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