Flat

The Metropolis is a purpose-built student development in Newcastle-Under-Lyme, offering 211 high-quality studio apartments designed to meet current market demands. Each studio features en-suite bathrooms, bespoke kitchens, and separate living, study, and sleeping areas. The building provides various amenities, including a group study area, café-style common room, laundrette, cycle storage, parcel delivery room, and games zone. Situated in the heart of Newcastle-Under-Lyme, The Metropolis is close to Keele University and the University of Staffordshire, with excellent transportation links and easy walking distance to the city center. The property is currently tenanted at £10,194 per annum, offering a 9% NET return, with a letting fee of 8.5% (+VAT) and a service charge of £2,776.01 per quarter.