Studio flat · ST5 1FB
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
STUDENT INVESTMENT OPPORTUNITY - FULLY TENANTED STUDIO WITH 245-YEAR LEASE Asking Price: £69,995 (approx.
6.3% net yield) The Met, The Midway, Newcastle-under-Lyme, Staffordshire, ST5 1FB An excellent opportunity to acquire a fully managed, hands-off student investment in the heart of Newcastle-under-Lyme, within easy reach of Keele University and Staffordshire University.
This fourth-floor studio comes with a tenant already in place, professional management, and a long 245-year leasehold - ideal for investors seeking a straightforward, income-producing addition to their portfolio.
Property Overview * Development: The Met, New Castle * Size: 192 sq ft studio * Floor: 4th floor * Tenure: Leasehold - 245 years remaining * Management: Fully managed by Student Facilities Management Why Buy Here * Tenant in situ - rental income from day one of ownership * Fully managed - Student Facilities Management handle lettings, maintenance and day-to-day tenant issues, making this a genuinely hands-off investment * Long lease - 245 years remaining offers excellent long-term security * Prime student location - close to Keele University, Staffordshire University, and Newcastle-under-Lyme town centre, with strong ongoing demand for quality student accommodation * Purpose-built studio living - self-contained accommodation appealing to today's student tenants For more details, please call EGAR LTD.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About The Midway, Newcastle Under Lyme, Staffordshire, ST5
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