TENANTED STUDIO FLAT FOR SALE BY AUCTION 9TH - 10TH NOVEMBER
Description
TENANTED STUDIO FLAT FOR SALE BY AUCTION 9TH - 10TH NOVEMBER
FOR SALE VIA ONLINE AUCTION ON MONDAY 9th November AT 1PM UNTIL TUESDAY 10th November 11AM.
PROPERTY IS TENANTED CONTACT FOR VIEWING ACCESS
Flat 138 at Keele House is a contemporary studio apartment ideally positioned in the heart of Newcastle-under-Lyme town centre, presenting an excellent investment opportunity within the thriving student rental market. The development is fully managed by an experienced onsite team, offering investors a straightforward, hands-off addition to their portfolio with strong and consistent rental demand.
Designed to meet the needs of modern student living, the apartment features a well-planned studio layout and a private en-suite shower room, providing both comfort and convenience. Residents also enjoy exclusive access to excellent onsite amenities, including a fully equipped gym and a stylish communal lounge, creating additional space to relax and socialise. The building benefits from professional management and an onsite concierge, ensuring a secure, well-maintained environment for tenants.
Located close to Keele University, the property is particularly attractive to students seeking high-quality accommodation within easy reach of campus. Its town centre setting also provides immediate access to shops, restaurants and transport links, further enhancing its appeal to prospective tenants.
Offered with no upward chain, Flat 138 is ready for immediate investment. Whether you are entering the property market for the first time or expanding an established portfolio, this modern studio apartment offers strong potential in a highly sought-after location.
Current rental amount per week is £177 and for 51 weeks which makes the total rent - £9,027.
The Maintenance charge is: £2,366 in yearly service charge + £192 building insurance.
Lease is 125 years from 23 December 2016
Ground rent - £412 per anum
PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.
IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.
Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
HALLWAY 1.55m x 1.02m
LIVING AREA 2.94m x 2.92m
BEDROOM 2.08m x 2.92m
SHOWER ROOM 1.31m x 1.78m
Tenure: Leasehold
Lease Details: 125 Years from 26.12.2016
EPC Rating: C
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Buyers Premium
Buyers Premium Charge is a non-refundable £1,800 inc VAT payable upon exchange
Administration Charge
Administration Charge is a non-refundable £1,800 inc VAT payable upon exchange
Disbursements
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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- 1 Bedroom
- Unconditional (Immediate Exchange)
Call the team on 0345 646 2350 for more information
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
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