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Orme House

Newcastle Under Lyme, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

  • Completed to a high standard
  • Earn up to 8.2% NET yield
  • Purpose built student accommodation
  • Studio available at just £46,000
  • Fully managed student property
Purchase Process

Studio 96 (£46,000.00 - 20.0sqm)

  • Tenanted at £145 per week for 46 weeks 23/24
  • Gross Rental: £6,670.00
  • Service Charge: £2,152.00
  • Lettings & Management Fee: £400.00
  • Ground Rent: £350
  • Net Rental: £3,768.00
  • NET Yield: 8.2%
  • Studio 96 confirmed tenancy for 2024-25 (£170pw for 51 weeks)

 

 



Orme House - Overview

Investment Highlights

  • Purpose built student accommodation
  • Recently completed to a high standard
  • Fully managed, hands-off investment
  • Leading management company in place (USL)
  • Perfect town centre location close to two major universities
  • Developer previous development Keel House – 160 studios – 100% occupancy since completion

Orme House is our latest purpose build student accommodation, perfectly situated in Newcastle-Under-Lyme town centre. Orme House comprises of 102 modern and self-contained one bed studios and two bed apartments, each fully furnished and completed to a high standard. The development is divided in to two parts; a refurb of a listed school building and a newly built block.

All studios will feature a kitchenette and an ensuite bathroom, alongside an array of communal areas which can be used by all students. Orme House is designed to create first class living standards for students with an array of facilities and communal areas, making Orme House a unique and unrivalled option for students.

Orme House - Key Points

Location

Location

Newcastle Under Lyme, United Kingdom

Price

Price

N/A

Tenure

Tenure

Leasehold

Completion

Completion

Completed and tenanted

Rental Yield

Rental Yield

8.2% net yield

Video - Orme House

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Orme House - Construction Updates

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Orme House – Location

Located in Newcastle-Upon-Lyme’s town centre, Orme House benefits from an array of amenities on the doorstep, from supermarkets and shopping centres to bars, restaurants and public transport. Orme House also benefits from being located a mere five to ten-minute walk from both universities (Keel University and Staffordshire University), alongside the easy to reach city attractions. With Newcastle-Under-Lyme currently seeing a huge shortage in high end student accommodation, Orme House is perfectly located in the town centre to take advantage of the shortage.

Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

Contact Us

Contact Pure Investor today for a Free Consultation and Valuation for your tenanted property for sale.

Call today on: +44 (0) 161 337 3890

or contact to us via WhatsApp Contact Now

Find out more

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Free Call Back

Call our team today on +44 (0) 161 337 3890

Why Invest

Why Invest in Newcastle Under Lyme

Newcastle Under Lyme is a historic market town in Staffordshire. Benefitting from excellent transportation links, residence can easily access the A500 which is directly linked to the M6. For residence who don’t drive there are many direct rail links to major cities, such as; London (1 hour 25 minutes), Birmingham (50 minutes) and Manchester (40 minutes).

Newcastle Under Lyme has also been renowned as the education and service hub taking home; Keele University and Royal Stoke University Hospital, which is one of the largest hospitals in the UK. With Staffordshire University also only located a short distance away from the site, One London Road is set to become an attractive location for Keele and Staffordshire University students.

  • Newcastle under Lyme and Stoke on Trent regions are one of the largest higher education destinations in Staffordshire.
  • Keele University and University of Staffordshire is home to over 25,000 full time students.
  • Newcastle under Lyme and Stoke on Trent have a major undersupply of purpose-built student accommodation.
  • Currently only 160 beds available in Newcastle under Lyme and 440 beds in Stoke on Trent.
  • Keele University Medical School is Ranked 4th in Times Good University Guide 2017.

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 826 4606.

We look forward to hearing from you!

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