Kiln House Student Studio, Stoke-on-Trent, ST4

Overview

A tenanted, purpose-built student studio in Kiln House, Stoke-on-Trent (ST4), offered at £45,000 and held on a long leasehold of approximately 244 years. The unit is let on an all-bills-inclusive basis with a passing rent of £6,630 per annum, reflecting a 14.7% gross yield at the asking price. A hands-off, cash-purchase income unit within easy reach of Staffordshire University.

Investment highlights

• Tenanted student studio with a passing rent of £6,630 per annum (all-bills-inclusive)
• 14.7% gross yield at the £45,000 asking price
• Long leasehold, approximately 244 years remaining; service charge £1,483 per annum
• ST4 location within easy reach of Staffordshire University
• Cash buyers only, clean, chain-free transaction

Location & demand

ST4 is the postcode that takes in Stoke town and Staffordshire University’s main campus, and Kiln House is squarely within it. The university anchors the local student rental market, and purpose-built blocks like this one exist to serve it. The unit is let on an all-bills-inclusive basis — the model students in this market expect — with a passing rent of £6,630 per annum already in place.

The studio sits within easy reach of Staffordshire University, in the campus quarter where its tenant market lives and studies. For an investor, what is on offer is a tenanted, hands-off unit in a student city, bought for cash, with income already flowing.

The numbers

Asking price	£45,000
Gross rent pa	£6,630 (all-bills-inclusive)
Gross yield	14.7%
Tenure	Long leasehold — approx. 244 years remaining
Service charge	£1,483 pa
Units	1 student studio
Buyer profile	Cash buyers only — chain-free