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Modern 2 bed Apartment property

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For Sale

Listed Feb 28, 2024

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£100,000

Available

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01244 343355

By Residential Estates

Description

" Orme House is a brand new investment opportunity in the UK Purpose Built Student Accommodation PBSA sector, giving investors an opportunity to purchase a fabulous income generating asset. The development comprises 102 modern self contained one bed studios and two bedroom apartments, which will be complete to a high standard and will be delivered fully furnished.
The development will serve the accommodation requirements of students studying at both Keele and Staffordshire Universities.With a huge shortage of quality, self contained accommodation in the area, Orme House is set to deliver a unique and unrivalled option for students at an incredibly competitive price.

Fully Furnished
Development Completed in 2019 Fully Let Since Completion
Tenanted Until 4th September 2020
Student Studio Apartment
Rental Amount is £155 per week £7,750 per annum
Fourth Floor Apartment
Lease is 250 Years from 2018
Ground Rent is £350 per annum
Service Charge & Letting Fee is £1,350
per annum
Managed by USL

Photos for reference only and may not be the actual apartment

Tenure Leasehold 250 years
Ground Rent £350 per year
Service Charge £1,350 per year
"