£59,500
1 bed flat for saleLondon Road, Newcastle ST5
1 bed
1 bath
1 reception
Just added
Leasehold
About this property
Investment Opportunity
Modern Studio Apartment
5 Minutes Walk of Town Centre
Allocated Parking Space
Fully Managed
Communal Facilities
Close to Royal Stoke Hospital
Great investment opportunity to purchase this 'classic' studio apartment in a very popular development of purpose built student accommodation (pbsa).
The development is located in the heart of Newcastle under Lyme approximately 0.3 miles south of the town centre. The site provides easy access to both Keele and Staffordshire Universities with a regular bus service just outside the development. The Royal Stoke Hospital and the amenities of the town centre are just a short walk away.
The accommodation to this ground floor apartment features a kitchenette and an en suite bathroom. There are also numerous communal areas including access to a gym, communal lounge with pool tables, laundry room, cycle store and roof garden terraces overlooking the park.
The apartments are fully managed and we are advised that Flat 14 is currently occupied from 07/09/24 – 30/08/25 at £164/week . Please refer to for the average rental rate from August 2025 onwards. We understand the management fee is 5.5% plus VAT from the gross rent collected.
This apartment has an allocated parking space on site.
Agents Note: Photos used are of an example apartment of the similar design.
The development is located in the heart of Newcastle under Lyme approximately 0.3 miles south of the town centre. The site provides easy access to both Keele and Staffordshire Universities with a regular bus service just outside the development. The Royal Stoke Hospital and the amenities of the town centre are just a short walk away.
The accommodation to this ground floor apartment features a kitchenette and an en suite bathroom. There are also numerous communal areas including access to a gym, communal lounge with pool tables, laundry room, cycle store and roof garden terraces overlooking the park.
The apartments are fully managed and we are advised that Flat 14 is currently occupied from 07/09/24 – 30/08/25 at £164/week . Please refer to for the average rental rate from August 2025 onwards. We understand the management fee is 5.5% plus VAT from the gross rent collected.
This apartment has an allocated parking space on site.
Agents Note: Photos used are of an example apartment of the similar design.
More information
Tenure
Leasehold (246 years)
Service charge
£1,653 per year
Council tax band
A
Ground rent
£0
Ground rent date of next review
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