Price :Starting from £69,999
Rental Yield :10% Net Rental Yield ( Assured for 3 years )
Completion Date :September 2021
Deposit Interest :4%
Tenure :125 years
Developer :Abode Residencies
One London Road
Newcastle-under-Lyme is a historic market town located in Staffordshire and forms part of the wider Stoke-on-Trent area. The town has a population of 75,125 and a regional catchment area in excess of 140,000 Newcastle-Under-Lyme benefits from excellent transport links with the A500 providing direct access to the nearby M6. In addition to this, direct rail services are available to London (1hr25min), Birmingham (50min), Manchester (40min) and further afield from nearby Stoke-on-Trent railway station.
Manchester International Airport and Birmingham International Airport are situated 35 and 54 miles from Newcastle-under-Lyme respectively and easily accessible from the town.
Newcastle-Under-Lyme has grown to become an education and service hub with both Keele University and the Royal Stoke University Hospital, one of the largest hospitals in the UK, situated in the town. In addition, the University of Staffordshire is located in nearby Stoke-on-Trent, with campuses across the country being consolidated into this location.
ONE London Road is a brand new investment opportunity in the UK Purpose Built Student Accommodation (PBSA) sec- tor, giving investors the chance to purchase a fabulous income generating asset.
Comprising of a total of 498 modern self contained studio apartments, which will be completed to a high standard, delivered fully furnished, ready for the new intake students.
The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities.
With a huge shortage of quality accommodation in the area, ONE London Road will deliver a unique and unrivalled option for students at an incredibly competitive price.
Perfect town centre location with easy access to two universities
Situated on London Road, the development is approximately 0.3 miles south of the town centre. The site provides easy access to both Keele and Stafford Universities, which are directly accessible in approx. 20 minutes from bus stops located outside the development, with 4 buses per hour throughout the day.
The Royal Stoke University Hospital, home to the Keele University Medical School, is located 0.1 miles south of the development and is accessible by foot in less than 5 minutes. Newcastle-Under-Lyme town centre is also accessible by foot in under 10 minutes.