Student Accommodation
The Met, Newcastle-Under-Lyme
From: £73,500
Fully managed Student Property
Returns over 5 years at 7.5% per annum
Studios and Premium Studios available
Close to Keele and Staffordshire universities
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Key Figures
£73,500Starting Price
7.5%Net Yield
Q3 2020Completion Date
Property Summary
The Met is a new property development in Newcastle Under Lyme which has a growing student population of 25,000. The student property market has been very popular amongst investment funds due to the low vacancy rate. The market is seen as Brexit proof because if the pound falls it actually becomes cheaper for overseas students to study in the UK.
Property Specification
Fully furnished student apartments
- Double or Small Double Bed as per room layouts
- Wardrobe
- Study desk, and deskchair
- 40” Samsung or equivalent Wall MountedTV • Kitchen Sink, Chrome taps andfittings
- 2 ring hob
- Oven
- Integrated under counter fridge
- Modern Kitchen Units
- Moisture resistant core, laminate kitchen tops
- HDMI port/plug sockets
- Modern 1 or 2-person sofa as per room layouts
- Acoustic flooring
- Ensuite Bathroom, chrome fittings, porcelain sink,shower
- Superfastbroadband
- Floor to ceilingwindow
One Touch
The Numbers
Ground Rent:300
Number of Units:211
Service Charge:Itemised on completion
Prices:From £73,500
Leasehold:250 years