# 1 bedroom flat for sale (ST5 1LD)

## Property Details

| Key | Value |
|-----|-------|
| Address | The Midway, Keele House, ST5, ST5 1LD |
| Price | £48,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |

## Description

Heywoods Estate Agents are delighted to offer for sale Flat 114, Keele House, a modern deluxe studio apartment located in the heart of Newcastle-under-Lyme town centre.

Purpose-built for contemporary student living, this well-maintained apartment is available to investors only and provides an attractive ready-made investment opportunity. The property is currently pre-let, offering immediate rental income, and forms part of a professionally managed student accommodation development with an experienced on-site management team.

The apartment features a stylish en-suite shower room, while residents of Keele House also have access to a range of communal facilities, including a gym, residents’ lounge, concierge service and secure, professionally managed surroundings.

Keele House remains popular with students due to its convenient location close to Keele University, as well as its proximity to Newcastle-under-Lyme’s shops, restaurants and public transport links. Flat 114 currently achieves a rental income of £158 per week over a 51-week period, providing an annual income of £8,058. The annual maintenance charge is £2,242, with ground rent payable at £412 per annum. The lease was granted for a term of 125 years from December 2016.

Offered with no upward chain, Flat 114 represents an excellent hands-off investment opportunity within a well-established student development. Contact Heywoods Estate Agents today to arrange a viewing.

EPC Rating: B

## Property Photos

- ![Photo](/listings/photos/91167111/1542806)
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## Floorplans

- ![All](/listings/photos/91167111/1542821) - All

## EPC Graphs

- ![EPC 1](/listings/photos/91167111/1542822) - EPC 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE MET, 16 FLAT 38 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1FB | £50,000 | 29/10/2025 | Flat |
| 128 FLAT 84 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 25/10/2023 | Flat |
| 128 FLAT 73 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 20/10/2023 | Flat |
| 128 FLAT 89 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 19/10/2023 | Flat |
| 128 FLAT 69 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 19/10/2023 | Flat |
| 128 FLAT 56 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 18/10/2023 | Flat |
| 128 FLAT 98 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 17/10/2023 | Flat |
| 128 FLAT 57 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 17/10/2023 | Flat |
| 128 FLAT 65 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 17/10/2023 | Flat |
| 128 FLAT 60 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 17/10/2023 | Flat |
| 128 FLAT 58 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 17/10/2023 | Flat |
| 128 FLAT 68 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 17/10/2023 | Flat |
| 128 FLAT 62 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 17/10/2023 | Flat |
| 128 FLAT 67 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £84,999 | 17/10/2023 | Flat |
| 128 FLAT 102 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 17/10/2023 | Flat |
| 128 FLAT 100 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 16/10/2023 | Flat |
| 128 FLAT 53 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 16/10/2023 | Flat |
| 128 FLAT 88 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 16/10/2023 | Flat |
| 128 FLAT 81 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 16/10/2023 | Flat |
| 128 FLAT 103 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH | £79,999 | 16/10/2023 | Flat |
| [Same street] KEELE HOUSE 121 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £52,000 | 29/06/2023 | Flat |
| [Same street] KEELE HOUSE 54 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 30/01/2023 | Flat |
| [Same street] KEELE HOUSE 26 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 28/09/2022 | Flat |
| [Same street] KEELE HOUSE 111 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £51,000 | 23/09/2022 | Flat |
| [Same street] KEELE HOUSE 88 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £47,950 | 21/09/2022 | Flat |
| [Same street] KEELE HOUSE 143 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £52,500 | 30/06/2022 | Flat |
| [Same street] KEELE HOUSE 48 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 20/05/2022 | Flat |
| [Same street] KEELE HOUSE 4 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 29/10/2021 | Flat |
| [Same street] KEELE HOUSE 156 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 23/09/2021 | Flat |
| [Same street] KEELE HOUSE 85 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £52,000 | 23/09/2021 | Flat |
| [Same street] KEELE HOUSE 155 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £59,000 | 17/09/2021 | Flat |
| [Same street] KEELE HOUSE 109 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £54,000 | 03/09/2021 | Flat |
| [Same street] KEELE HOUSE 59 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £54,000 | 03/09/2021 | Flat |

**Street average:** £53,650 (13 sales)
**Area average:** £80,499 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £92,522 (20 Flat, ST5, 2024–2026)
- **Deviation:** -48.1%

## Rental Range

*ONS Price Index of Private Rents (Newcastle-under-Lyme). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £744/mo
- **Realistic:** £827/mo
- **Optimistic:** £910/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Staffordshire North (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £424/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| [First Floor Flat, 65 High Street, Newcastle, ST5 1PN](http://87.117.209.195:8080/listings/111aff4) | £725/mo | — | 0.09 miles | Rightmove |
| [High St, Newcastle-Under-Lyme, ST5](http://87.117.209.195:8080/listings/df9dcfd) | £600/mo | 1 | 0.11 miles | Rightmove |
| [Merrial Street Newcastle](http://87.117.209.195:8080/listings/68444a4) | £450/mo | 1 | 0.17 miles | Rightmove |
| [Trinity Court, No1 London Road, Newcastle under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/ba7971e) | £1,025/mo | 1 | 0.18 miles | Rightmove |
| 1 Bed Flat, London Road, ST5 | £600/mo | 1 | 0.24 miles | OpenRent |
| [Belgrave Road, Newcastle, Newcastle-under-Lyme](http://87.117.209.195:8080/listings/6bbcb39) | £695/mo | 1 | 0.29 miles | Rightmove |
| [6 King Street, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/a3e03a4) | £625/mo | 1 | 0.31 miles | Rightmove |
| [Vessey Terrace, Newcastle Under Lyme, ST5](http://87.117.209.195:8080/listings/b8737bb) | £925/mo | 1 | 0.31 miles | Rightmove |
| [Lyme Court, Leech Street, Newcastle Under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/97fa80f) | £711/mo | 1 | 0.36 miles | Rightmove |
| [Marsh Box, 2 Marsh Parade, Newcastle under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/d9486d3) | £875/mo | 1 | 0.37 miles | Rightmove |
| [Marsh Box, 2 Marsh Parade, Newcastle under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/e685d2e) | £845/mo | 1 | 0.37 miles | Rightmove |
| [Brunswick Court, Brunswick  Street, Newcastle-Under-Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/24d680a) | £845/mo | 1 | 0.4 miles | Rightmove |
| [London Road, ST5](http://87.117.209.195:8080/listings/37e67d8) | £750/mo | 1 | 0.42 miles | Rightmove |
| [Northcote House, 15 King Street, Newcastle Under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/66d477b) | £875/mo | 1 | 0.47 miles | Rightmove |
| [Mount Pleasant, Newcastle-Under-Lyme, ST5](http://87.117.209.195:8080/listings/2bd62bc) | £795/mo | 1 | 0.48 miles | Rightmove |
| [Snowgoose Way, Newcastle-Under-Lyme, ST5](http://87.117.209.195:8080/listings/84717b1) | £670/mo | 1 | 0.74 miles | Rightmove |
| [King Street, Cross Heath, Newcastle, ST5](http://87.117.209.195:8080/listings/5660079) | £600/mo | 1 | 0.94 miles | Rightmove |
| [King Street, Cross Heath, Newcastle, ST5](http://87.117.209.195:8080/listings/f817ff6) | £625/mo | 1 | 0.94 miles | Rightmove |
| [Gordon Street, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/d4e58d5) | £650/mo | 1 | 1.21 miles | Rightmove |
| [Gordon Street, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/2e6ad13) | £695/mo | 1 | 1.21 miles | Rightmove |

**Average rent: £756/mo (32 listings)**

## 1% Rule

- **Rent ratio:** 1.46% (strong)
- **Max investor price (0.8%):** £87,875
- **Target investor price (1%):** £70,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £703/mo).*

- **Gross yield:** 17.6%
- **Cost-to-rent:** 5.7×
- **Monthly cashflow:** £419/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 36.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 8.5%
- **10y growth:** -23.1%

## House Price Index (HM Land Registry)

*Official index for Newcastle-under-Lyme; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -3.2%
- **5y growth (index):** 8.1%
- **10y growth (index):** 38.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)