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Studio
The Midway, Newcastle Under Lyme, Staffordshire, ST5
£55,000
LeaseholdStudent
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The property is a deluxe studio apartment located on the first floor of the Keele House development. It has a modern, low maintenance design and is purpose-built for the student rental market. The property offers a 51-week tenancy, with a current weekly rental income of £166, resulting in an annual gross rental income of £8,466. The annual costs, including service charge, ground rent, and letting/management fee, total £3,366.55, leaving a net annual income of £5,099.45 and a net yield of 9.27%.