ONE London Road Student Accommodation Phase 3
Ideally located just 300m from The Keele University Medical School at The Royal Stoke University Hospital and 300m from the town center, One London Road is ideally located to cater for the growing number of both student doctors and nurses working and studying at the hospital. Keele University has at present circa 10,000 students, with aspirations to grow this number to approximately 12,000, however the University currently only has accommodation for 3,500.
Key Investment Highlights
4% interest on deposited funds
10% NET guarantee for 3 years excluding the ground rent (£350)
All priced at £69,999
Lease is 250 years
Phase 1 and 2 sold out
This block is next to block 1, facing the park
Developer is retaining block 4 and then we will have block 5 to sell
Block 3 is set to complete September 2020
Stage payment (25%) is due October the 1st this year
Down the road from the Royal Stoke University
Hospital where they have a shortage of student bed spaces for medical students there.
3 rd development to the Abode portfolio in Newcastle under Lyme (first development complete and 100% occupied).
Very high rental guarantee.
Letter from Keele University highlighting the growth plans for the University and the demand for more bed spaces.
Luxury roof garden on phase 3 featuring seating/dining area BBQ and glass panel walls