For sale Flat

Keele House

138The Midway, Newcastle under Lyme, Staffordshire ST5 1LD

1 baths Listed 13 Oct 2026 (-22d)

£27,000

Guide Price

Save

Listing type

Auction
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Property details

Listing category

Auction

Tenure

LEASEHOLD (115 years remaining on lease)

Council tax band

A

Local average

£90,793 (-70.3%)

Deprivation

Decile 2 (4,637 of 33,755)

Street crime

385 incidents within 1 mile (Aug 2026)

Key features

  • FOR SALE VIA ONLINE AUCTION ON MONDAY 9th November AT 1PM UNTIL TUESDAY 10th November 11AM.
  • PROPERTY IS TENANTED CONTACT FOR VIEWING ACCESS
  • BUYER'S FEES APPLY (PLEASE READ LEGAL PACK)
  • GUIDE PRICE £27,000 - £45,000
  • STUDIO APARTMENT
  • TENANTED ANNUAL RENTAL OF £9,027

Description

TENANTED STUDIO FLAT FOR SALE BY AUCTION 9TH - 10TH NOVEMBER
FOR SALE VIA ONLINE AUCTION ON MONDAY 9th November AT 1PM UNTIL TUESDAY 10th November 11AM.

PROPERTY IS TENANTED CONTACT FOR VIEWING ACCESS
Flat 138 at Keele House is a contemporary studio apartment ideally positioned in the heart of Newcastle-under-Lyme town centre, presenting an excellent investment opportunity within the thriving student rental market. The development is fully managed by an experienced onsite team, offering investors a straightforward, hands-off addition to their portfolio with strong and consistent rental demand.

Designed to meet the needs of modern student living, the apartment features a well-planned studio layout and a private en-suite shower room, providing both comfort and convenience. Residents also enjoy exclusive access to excellent onsite amenities, including a fully equipped gym and a stylish communal lounge, creating additional space to relax and socialise. The building benefits from professional management and an onsite concierge, ensuring a secure, well-maintained environment for tenants.

Located close to Keele University, the property is particularly attractive to students seeking high-quality accommodation within easy reach of campus. Its town centre setting also provides immediate access to shops, restaurants and transport links, further enhancing its appeal to prospective tenants.

Offered with no upward chain, Flat 138 is ready for immediate investment. Whether you are entering the property market for the first time or expanding an established portfolio, this modern studio apartment offers strong potential in a highly sought-after location.

Current rental amount per week is £177 and for 51 weeks which makes the total rent - £9,027.

The Maintenance charge is: £2,366 in yearly service charge + £192 building insurance.

Lease is 125 years from 23 December 2016

Ground rent - £412 per anum

PLEASE NOTE No appliances have been tested by Auction House. Any measurements are approximate. We recommend any would be bidders conduct their own due diligence in good time prior to the auction taking place.

IMPORTANT INFORMATION Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars.
HALLWAY 1.55m x 1.02m
LIVING AREA 2.94m x 2.92m
BEDROOM 2.08m x 2.92m
SHOWER ROOM 1.31m x 1.78m
Tenure: Leasehold
Lease Details: 125 Years from 26.12.2016
EPC Rating: C
Administration Fee: £1800 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1800 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Listed by

Covering Cheshire, Staffordshire & Shropshire

Auction House (UK) Limited

Reference: 94255611

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Flat 100, Keele House, The Midway, NEWCASTLE 82 82 21 m² — Flat
Flat 101, Keele House, The Midway, NEWCASTLE 83 83 18 m² — Flat
Flat 102, Keele House, The Midway, NEWCASTLE 75 75 21 m² — Flat
Flat 103, Keele House, The Midway, NEWCASTLE 73 73 19 m² — Flat
Flat 104, Keele House, The Midway, NEWCASTLE 79 79 19 m² — Flat
Flat 105, Keele House, The Midway, NEWCASTLE 81 81 22 m² — Flat
Flat 106, Keele House, The Midway, NEWCASTLE 81 81 19 m² — Flat
Flat 107, Keele House, The Midway, NEWCASTLE 81 81 19 m² — Flat
Flat 108, Keele House, The Midway, NEWCASTLE 81 81 21 m² — Flat
Flat 109, Keele House, The Midway, NEWCASTLE 81 81 19 m² — Flat
Flat 110, Keele House, The Midway, NEWCASTLE 81 81 20 m² — Flat
Flat 111, Keele House, The Midway, NEWCASTLE 81 81 20 m² — Flat
Flat 112, Keele House, The Midway, NEWCASTLE 76 76 19 m² — Flat
Flat 113, Keele House, The Midway, NEWCASTLE 77 77 19 m² — Flat
Flat 114, Keele House, The Midway, NEWCASTLE 82 82 20 m² — Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~1,094 m² (0.27 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floor T202610131414.jpg

Floor T202610131414.jpg

Price history

Event Date Price % change
Listed for sale — £27,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

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 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 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 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 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 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
128 FLAT 54 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 49 LONDON ROAD, NEWCASTLE, NEWCASTLE-UNDER-LYME, STAFFORDSHIRE, ST5 1PH £78,999 16/10/2023 Flat

Area average: £80,449 (20 sales)

Capital growth trend

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

5y growth -5.5%
10y growth -15.3%

House Price Index (HM Land Registry — official index, not sold-price averages): Newcastle-under-Lyme. Series: Flats and maisonettes. As of August 2026.

1y (index) 0.3%
5y (index) 7.3%
10y (index) 31%

Rental Range

Estimated market rent for Newcastle-under-Lyme. Low = conservative, Realistic = average, Optimistic = best case.

Low £753/mo
Realistic £837/mo
Optimistic £921/mo

Based on Local Authority from postcode lookup → Newcastle-under-Lyme.

LHA (30th percentile) floor for Staffordshire North: Apr 2025 – Mar 2026

Location

Map view View on Google Maps View on OpenStreetMap Street View ST5 1LD

Address

The Midway

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Morrison's 0.1 miles
Shop Timpson 0.1 miles
Shop Bodycare 0.1 miles
Hospital Royal Stoke University Hospital 0.8 miles
Hospital North Staffordshire Hospital 1.6 miles
University Keele University 1.9 miles
Train station Stoke-on-Trent 1.9 miles
Train station Silverdale 2.3 miles
University University of Buckingham Crewe Campus 9.9 miles

Street-level crime

Category Count
Violence and sexual offences 131
Anti-social behaviour 110
Shoplifting 32
Public order 21
Other theft 20
Criminal damage and arson 17
Vehicle crime 12
Drugs 11
Burglary 10
Other crime 6
Bicycle theft 5
Robbery 5
Possession of weapons 3
Theft from the person 2
Total incidents 385

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Hassell Primary School Primary 0.2 miles Good — 25 Oct 2023
Blackfriars Academy Other 0.2 miles Outstanding — 6 Feb 2013
St Giles' and St George's Church of England Academy Primary 0.3 miles Good — 21 May 2023
St Mary's Catholic Primary School Primary 0.3 miles Good — 17 Feb 2017
Newcastle-under-Lyme School Other 0.4 miles — (No rating)

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
Modern Studio In Newcastle-Under-Lyme, Newcastle-Under-Lyme, ST5 £595/mo — 0.02 miles Rightmove
Silverdale Road, Newcastle, ST5 £800/mo 2 0.15 miles Rightmove
Merrial Street Newcastle £450/mo 1 0.17 miles Rightmove
Orme House, 1 Orme Road, Newcastle Under Lyme, Staffordshire, ST5 £595/mo 1 0.17 miles Rightmove
Orme House, 1 Orme Road, Newcastle Under Lyme, Staffordshire, ST5 £695/mo 2 0.17 miles Rightmove
Tower Court, No.1 London Road, Newcastle Under Lyme, Staffordshire, ST5 £1,095/mo 2 0.18 miles Rightmove
Windsor Court, No1 London Road, Newcastle Under Lyme, Staffordshire, ST5 £1,295/mo 2 0.18 miles Rightmove
Stubbs Gate, Newcastle, ST5 £775/mo 2 0.23 miles Rightmove
1 Bed Flat, London Road, ST5 £600/mo 1 0.24 miles OpenRent
Grosvenor Road, Newcastle, Staffordshire, ST5 £775/mo 2 0.24 miles Rightmove
London Road, Newcastle under Lyme £875/mo 3 0.25 miles Rightmove
Grosvenor Road, Newcastle, ST5 £2,395/mo 4 0.26 miles Rightmove
West Brampton, Newcastle, ST5 £1,000/mo 2 0.27 miles Rightmove
Grosvenor Gardens, Newcastle, Staffordshire, ST5 £575/mo 1 0.27 miles Rightmove
Hanover Street, Newcastle Under Lyme, Staffordshire, ST5 £845/mo 2 0.29 miles Rightmove
Hatrell Street, Newcastle, ST5 £800/mo 2 0.29 miles Rightmove
Hatrell Street, Newcastle, ST5 £1,100/mo 4 0.29 miles Rightmove
Brunswick Mews, 9 Brunswick Street, Newcastle Under Lyme, Staffordshire, ST5 £895/mo 1 0.3 miles Rightmove
Dunkirk, Staffordshire £700/mo 2 0.31 miles Rightmove
Vessey Terrace, Newcastle Under Lyme, ST5 £925/mo 1 0.31 miles Rightmove

Average rent: £907/mo (123 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.96%
Max investor price (0.8%) £100,000
Target investor price (1%) £80,000
Gross yield 35.6%
Cost-to-rent ratio 2.8×
Monthly cashflow £589/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 90.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).

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