- Investment Type: Investment
- Bedrooms: N/A
- Bathrooms: N/A
Keele House Newcastle-Under-Lyme
Prices from: £65,000
Yield: Assured yield of 10% for 3 years
It is not exactly clear where Newcastle got its name from. Though it was thought that the ‘New’ castle was so called to distinguish it from the Roman fort at Chesterton. It is now believed that the word new means ‘novel’ – it would have been new when it was built! The ‘Lyme’ refers to the huge Lyme Forest that covered North West Staffordshire and South Cheshire at this time.
Newcastle is proud to be home to the popular Keele University and the rapidly expanding Science & Business Park. Keele University was the first new UK University of the 20th century. It was established with the power to hand degrees to students in 1949 and was awarded University status, officially as the University of Keele, in 1962. It is the UK’s largest integrated campus university and occupies a 617 acre estate, with Grade II registration by English Heritage, the central feature of which is the 19th century Keele Hall.
Keele is also a major contributor to its local economy. With a turnover in excess of a notable £80m, and a total staff of some 1,700, the University generates around £130m of business for the region.
Keele House is a brand-new investment opportunity in Newcastle. Being a new addition to the UK student accommodation sector, it gives investors an opportunity to purchase a marvellous income-generating asset in a university oriented city.
Keel House will be made up of 160 modern, fully self contained studio suites that will be completed to a high standard and delivered to investors fully furnished. Each studio will feature a kitchenette and an En-suite bathroom. Prices start from as low as £65,000 with a flexible payment plan in place.
As mentioned, payment is spread throughout the build and, what’s more, 5% interest will be paid on all deposited funds until the development is complete.
The development is especially built to take into consideration the accommodation requirements of students studying at both Keele and Staffordshire Universities. With a massive shortage of quality self-contained accommodation in the area, Keele House is set to deliver a unique and unrivaled option for students at an incredibly competitive price.
As the popularity of international students in the UK grows and the amount of postgraduates at record levels, Keele House will provide first-class living standards coupled with a full range of facilities and communal meeting spaces. All to meet and exceed the growing standards students have nowadays.
Keele House is located in Newcastle-Under-Lyme’s town centre, just a short walk from the shopping centre, public transport links, banks, bars, cinema and supermarkets. Just a few minutes to Stoke-on-Trent, the location is within easy reach of the city’s many attractions.
Keele House provides the luxury of being central to the town but also within just 5 or 10 minutes from each of the two Universities of Keele and Staffordshire. With a scarcity of new, quality accommodation, this already well developed town offers the perfect environment for investors. There is a generous 10% NET rental assurance for 3 years and with demand for more purpose built student housing at an all time high, this is an investment that is perfect for any investor looking to broaden their portfolio. Fill out the form on the right today to get more information about investing in Keele House.