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£600,000

Leek Road, Hanley, Staffordshire, ST1

  • 119 beds
Detached house

£600,000

  • 119 beds
Detached house
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Estimate monthly mortgage payment:

£2,739 per month

Minimum deposit amount:

£30,000
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A unique opportunity to purchase a student accommodation development with outline planning permission for 119 student apartments with ensuites, kitchenettes and ground floor communal areas. The outline planning was granted on the 3rd October 2018, via Stoke on Trent planning authority, number 62183/out. The planning allows for the construction of two semi detached linked buildings both set over four floors. The scheme is extremely well situated being only a short walk or cycle ride (approx 2.5 miles) from Staffordshire University and Stoke on Trent college. Newcastle under Lyme College and Keele University, the largest university campus in the UK, are both within five miles distant. The scheme is also only approximately 3 miles from Junction 15 of the M6 leading southbound towards Stafford and the M54/M6 toll motorways or northwards towards Cheshire, Manchester and Warrington. The A52 (Leek Road) is the main road leading north east from Stoke town centre. Currently in the potteries demand for student accommodation is outstripping supply. The site is approx 0.675 acres in total, and previously had planning in for 13, two and three storey homes in 2009 (49459/ful).

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£2,739 per month
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£8,750
Mortgage and legal costs:
£999
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