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.
The development is 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 unrivalled option for students at an incredibly competitive price.
The popularity of international students in the UK is ever-growing and the amount of postgraduates is at record levels. Keele House will provide first-class living standards coupled with a full range of facilities and communal meeting spaces that meet and exceed the expectations of the students.
Keele is also a major contributor to its local economy. With a turnover in excess of a notable £XXXm, and a total staff of some 1,700, the University generates around £XXXm of business for the region.
Location
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 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.
Accommodation
Keele 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.
Terms
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.
Payment is spread throughout the build and, what’s more, 5% interest will be paid on all deposited funds until the development is complete.
Prices start from as low as £XXX with a flexible payment plan in place.
Investment Summary
- Easy payment plan in place
- All units are fully self-contained and furnished
- Unbeatable location –in the town centre and close to amenities and universities
- Highly in demand development in a severely under-supplied market
- Fantastic communal areas such as a gym, cycle storage, laundry facilities, and study areas
- A hands-off investment with all the tenancy management done by specialists in the field
Specification
Studio
- Double bed
- Flat-screen TV
- Desk, chair, wardrobe, night-stand & sofa
- High specification kitchen
- Modern en-suite bathroom
Communal Areas
- Communal lounge
- Laundry facilities
- General/cycle store
- Reception area including DDA compliant reception desk with associated staff facilities, deliveries room and individual student post boxes