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Student For Sale

8.5% Net Yield

One London Road, Newcastle-Under-Lyme.

Priced at £79,999, 8.5% Net Assured for 3 years, 3% Deposit Interest 

One London Road is Opulent’s latest student accommodation investment offering an impressive 10% net return assured for 3 years.  Located in the picturesque town of Newcastle-Under-Lyme, One London Road features 499 state of the art purpose built student accommodation studio apartments spread across 5 blocks. The project, destined for completion in September 2020 features great facilities such as roof top terrace and BBQ areas, state of the art gymnasium and various common lounges featuring table football and other activities to keep the students busy.

The project lies approximately 10 minutes away from the Keele University that houses some 10,000 students. Keele University was recently voted number 1 in the UK in 2018 for student satisfaction and ranks 13th in the country for medicine. The university is just a short bus ride away from One London Road, and with the University being very rural, this is one of the closest purpose built student accommodation buildings to the University.

Built by a reputable developer with extensive experience in this area, One London Road is scheduled to complete in January 2023 in time for that years in take of students. The project will be managed by the leading student management company Urban Student Living who will look after all of the management on behalf of our investors.

Investment Highlights

  • Prices from £79,999 for a studio apartment
  • 8.5% net return for 3 years from completion
  • 3% interest on deposits during construction
  • 250 years leasehold
  • £350 per annum ground rent
  • £1350 per annum service charge and management (not applicable during rental assurance)
FAST FACTS
Price
£79,999
Developer
Abode
Management Company
Urban Student Living
Service Charge
£1350 pa (n/a first 3 years)
Payment Plan
50/25/25
Management Fee
Inc with service charge
Ground Rent
£350 pa
Completion Date
Jan 2023
Deposit Interest
3%
Tenure
250 years leasehold
  • Parking available
  • 4% interest on deposits available
  • Zero Stamp Duty

THIS PROPERTY HAS EMBEDDED VIRTUAL TOUR

CONTACT THE CONSULTANT.

One London Road, Newcastle-Under-Lyme.

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