# Studio flat for rent (ST5 2FB) ## Property Details | Key | Value | |-----|-------| | Address | Newcastle-under-lyme \| Student \| September \| ST5, ST5 2FB | | Price | £828 pcm | | Bathrooms | 1 | | Council tax | A | | Last sold | £69,999 | ## Description NEWCASTLE-UNDER-LYME | STUDENT | SEPTEMBER | ST5 Orme House offers boutique student accommodation in a tranquil residential area, just a short walk from Newcastle-under-Lyme town centre. The property provides easy access to Keele University and Staffordshire University, making it an ideal choice for students. Residents can enjoy well-equipped social spaces, an on-site gym, communal hub, study area, and laundry facilities. The accommodation comprises a selection of modern studios and two-bedroom apartments, each designed to provide a comfortable and independent living experience. Limited on-site parking is available at an additional cost. Premium studio offering additional space and modern finishes. Includes a large bed, private kitchen, study area, and bathroom. Skylets are property experts with over 40 years’ experience in rentals and lettings. With a head office based in Newcastle Upon Tyne, we specialise in both professional and student lettings. We take huge pride in our company and our work and only represent buildings and landlords that have a reputation for excellence. We are a team of enthusiastic individuals who will go above and beyond – with no fees, flexible viewing times and flexible tenancy lengths. We work hard to find and deliver exactly what you are looking for. Whether you are thinking of letting your property through Skylets, or renting a property from us, please get in touch. Let’s see what Skylets can do for you. ## Property Photos - ![Photo](/listings/photos/172481009/1698) - ![Photo](/listings/photos/172481009/1699) - ![Photo](/listings/photos/172481009/1700) - ![Photo](/listings/photos/172481009/1701) - ![Photo](/listings/photos/172481009/1702) - ![Photo](/listings/photos/172481009/1703) - ![Photo](/listings/photos/172481009/1704) - ![Photo](/listings/photos/172481009/1705) - ![Photo](/listings/photos/172481009/1706) - ![Photo](/listings/photos/172481009/1707) - ![Photo](/listings/photos/172481009/1708) - ![Photo](/listings/photos/172481009/1709) - ![Photo](/listings/photos/172481009/1710) - ![Photo](/listings/photos/172481009/1711) - ![Photo](/listings/photos/172481009/1712) - ![Photo](/listings/photos/172481009/1713) - ![Photo](/listings/photos/172481009/1714) - ![Photo](/listings/photos/172481009/1715) - ![Photo](/listings/photos/172481009/1716) - ![Photo](/listings/photos/172481009/1717) - ![Photo](/listings/photos/172481009/1718) - ![Photo](/listings/photos/172481009/1719) - ![Photo](/listings/photos/172481009/1720) - ![Photo](/listings/photos/172481009/1721) - ![Photo](/listings/photos/172481009/1722) - ![Photo](/listings/photos/172481009/1723) - ![Photo](/listings/photos/172481009/1724) - ![Photo](/listings/photos/172481009/1725) - ![Photo](/listings/photos/172481009/1726) - ![Photo](/listings/photos/172481009/1727) - ![Photo](/listings/photos/172481009/1728) ## 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 | | KINGSLEY HALL APARTMENT 17 LYMEWOOD CLOSE, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2DU | £205,000 | 04/07/2025 | Flat | | ORME HOUSE, 1 APARTMENT 8 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FB | £65,000 | 15/12/2023 | Flat | | ORME HOUSE, 1 APARTMENT 65 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FB | £59,999 | 26/10/2023 | Flat | | ORME HOUSE, 1 APARTMENT 45 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FB | £57,000 | 23/10/2023 | Flat | | FRIARS COURT FLAT 3 FRIARSWOOD ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2EQ | £72,500 | 11/08/2023 | Flat | | KINGSLEY HALL APARTMENT 16 LYMEWOOD CLOSE, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2DU | £185,000 | 09/08/2023 | Flat | | KEELE HOUSE 121 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £52,000 | 29/06/2023 | Flat | | KEELE HOUSE 54 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 30/01/2023 | Flat | | ORME HOUSE, 1 APARTMENT 65 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FB | £63,000 | 16/01/2023 | Flat | | BELONG VILLAGE APARTMENT 21 LOWER STREET, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2RS | £165,000 | 20/10/2022 | Flat | | KEELE HOUSE 26 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 28/09/2022 | Flat | | KEELE HOUSE 111 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £51,000 | 23/09/2022 | Flat | | KEELE HOUSE 88 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £47,950 | 21/09/2022 | Flat | | ORME HOUSE, 1 APARTMENT 94 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FD | £65,000 | 16/09/2022 | Flat | | ORME HOUSE, 1 APARTMENT 71 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FD | £70,000 | 26/08/2022 | Flat | | KINGSLEY HALL APARTMENT 10 LYMEWOOD CLOSE, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2DU | £190,000 | 12/08/2022 | Flat | | ORME HOUSE, 1 APARTMENT 2 ORME ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 2FB | £72,500 | 01/08/2022 | Flat | | KEELE HOUSE 143 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £52,500 | 30/06/2022 | Flat | | KEELE HOUSE 48 THE MIDWAY, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1LD | £55,000 | 20/05/2022 | Flat | **Area average:** £84,422 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £91,379 (21 Flat, ST5, 2024–2026) - **Deviation:** -99.1% ## Rental Range *ONS Price Index of Private Rents (Newcastle-under-Lyme). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £743/mo - **Realistic:** £826/mo - **Optimistic:** £909/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Staffordshire North (Apr 2025 – Mar 2026).* ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | [Silverdale Road, Newcastle Under Lyme, ST5](http://87.117.209.195:8080/listings/a814e3a) | £950/mo | 2 | 0.09 miles | Rightmove | | [Silverdale Road, Newcastle Under Lyme, ST5](http://87.117.209.195:8080/listings/930d04c) | £950/mo | 2 | 0.12 miles | Rightmove | | [Friarswood Road, Newcastle, ST5](http://87.117.209.195:8080/listings/d289bd4) | £750/mo | 2 | 0.15 miles | Rightmove | | [High St, Newcastle-Under-Lyme, ST5](http://87.117.209.195:8080/listings/df9dcfd) | £600/mo | 1 | 0.22 miles | Rightmove | | 5 Bed End Terrace, Hatrell Street, ST5 | £2,304/mo | 5 | 0.28 miles | OpenRent | | [Tower Court, No.1 London Road, Newcastle Under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/7d5b06a) | £1,195/mo | 2 | 0.3 miles | Rightmove | | [Tower Court, No. 1 London Road, Newcastle-Under-Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/49c1be5) | £1,045/mo | 2 | 0.3 miles | Rightmove | | [Windsor Court, No.1 London Road, Newcastle Under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/2c70e35) | £1,195/mo | 2 | 0.3 miles | Rightmove | | [Trinity Court, No.1 London Road, Newcastle Under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/b881f57) | £1,195/mo | 2 | 0.3 miles | Rightmove | | [Trinity Court, No. 1 London Road, Newcastle Under Lyme, Staffordshire, ST5](http://87.117.209.195:8080/listings/eed5008) | £1,225/mo | 2 | 0.3 miles | Rightmove | | [Windsor Court, Newcastle, ST5](http://87.117.209.195:8080/listings/2cd66bf) | £980/mo | 2 | 0.3 miles | Rightmove | | [Hatrell Street, Newcastle-under-Lyme](http://87.117.209.195:8080/listings/3acd18f) | £725/mo | 2 | 0.34 miles | Rightmove | | [Stubbs Gate, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/422c1d7) | £800/mo | 2 | 0.34 miles | Rightmove | | [Well Street, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/92239c9) | £895/mo | 2 | 0.34 miles | Rightmove | | [Grosvenor Road, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/91068cb) | £650/mo | 1 | 0.38 miles | Rightmove | | [Grosvenor Road, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/0f4d065) | £775/mo | 2 | 0.38 miles | Rightmove | | [Grosvenor Road, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/23e28f5) | £695/mo | 1 | 0.38 miles | Rightmove | | [Grosvenor Road, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/db80b55) | £775/mo | 2 | 0.38 miles | Rightmove | | [Thistleberry Avenue, Newcastle, ST5](http://87.117.209.195:8080/listings/01fa70c) | £795/mo | 2 | 0.39 miles | Rightmove | | [Prospect Terrace, Newcastle, Staffordshire, ST5](http://87.117.209.195:8080/listings/8762975) | £775/mo | 3 | 0.4 miles | Rightmove | **Average rent: £1,002/mo (133 listings)** ## 1% Rule - **Rent ratio:** 102.42% (strong) - **Max investor price (0.8%):** £106,000 - **Target investor price (1%):** £84,800 *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 £848/mo).* - **Gross yield:** 1229% - **Cost-to-rent:** 0.1× - **Monthly cashflow:** £735/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 3672.9% *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:** -6.9% - **10y growth:** 25.4% ## House Price Index (HM Land Registry) *Official index for Newcastle-under-Lyme; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -2.7% - **5y growth (index):** 6.6% - **10y growth (index):** 38% ## 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)