Apartment 93 Orme House, 1 Orme Road, Newcastle, Staffordshire, ST5 2FB
- Conditional Online Sale
- Offers in Excess of : £58,000
- Bedrooms: 1
GOTO GROUP ARE PLEASED TO PRESENT TO THE MARKET THIS ONE BEDROOM APARTMENT SITUATED IN NEWCASTLE-ST5
Tenure
Leasehold
Description
Apartment 93, Orme House, located at 1 Orme Road, Newcastle-under-Lyme, Staffordshire, ST5 2FB, is a superbly designed high-specification one bed student studio apartment within the prestigious Orme House development. This purpose-built student accommodation is ideally situated very close to Keele University and in the heart of Newcastle-under-Lyme town Centre, offering unparalleled convenience and access to local amenities. The property is offered with no chain and will be vacant upon possession or can be purchased as student tenant in situ providing an immediate income flow without any hassle and seamless and straightforward purchase process. No council tax as the whole residence is exempted.
Apartment 93 is part of a community-focused environment tailored to meet the needs of today’s students. It is located on top floor with excellent views ensuring privacy and safety. Lift and stairs both are available and located on each floor. Each studio is fully furnished with a double bed, wardrobe, study table, study chair, refrigerator, dining table with chairs, fitted kitchen with ample storage, electric hob and oven, and includes an ensuite toilet with shower enclosure, ensuring both comfort and privacy. Additionally, the development boasts a variety of communal spaces, fostering a sense of community and providing an ideal setting for socializing and studying.
Orme House is a standout development comprising 102 modern, self-contained studios and two-bedroom apartments, all thoughtfully designed and finished to an exceptional standard.
Ideal for anyone who wants continuous flow of extra income with minimal investment, students, or investors. Early viewing is recommended to grab up this great opportunity.
The service charges are variable every month depending on the maintenance or any repair work needed in the apartment.
Local Area
The location is a prime highlight, placing residents within walking distance of Newcastle-under-Lyme’s vibrant town centre. The area is rich in amenities, including shops, cafes, restaurants, and entertainment venues. Students benefit from easy access to Keele University and Staffordshire University, making it a highly convenient option for academic pursuits. Transport links are excellent, with bus routes and major roadways close by, connecting residents to the wider Staffordshire region and beyond.
Orme House is designed to deliver a premium living experience for students, blending modern conveniences with thoughtful communal spaces to create a unique and unrivaled accommodation option. Apartment 93 represents an outstanding opportunity for both residents and investors, situated within one of Newcastle-under-Lyme’s most sought-after developments. With no chain, this property is ready to be your next investment or student home.
Property ownership information
Ground rent review period: Every 1 year
Service charge review period: Every 1 year
Lease information: 250 years from 27th September 2019
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts.
Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
Material Information.
The information above has Material information:
been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
EPC Rating
Current 70/76 Potential
Council Tax Band
A
Lease Start Date
27/09/2019
Lease Duration
250 years (244 years unexpired)
Comments
This property is offered for sale via the Reservation Fee Service which is a flexible and buyer friendly method of purchase. The purchaser will be given 90 working days in which to complete the transaction from the date the Draft Contract is issued by the sellers solicitor.
By giving a buyer time to exchange contracts on the property, normal residential finance can be arranged. The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Merchant may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
The buyer will be required to give the Merchant authority to sign the Reservation Form on their behalf and to confirm acceptance of the Terms and Conditions prior to solicitors being instructed. Copies of the Reservation Form and all Terms and Conditions can be found in the Information Pack which can be downloaded from our website or requested from our Merchant.
If the vendor accepts an offer, the buyer will be required to make payment of a non-refundable reservation fee of £2,076 including VAT and a legal pack charge of £396 including VAT. This reserves the property for the buyer during the Reservation Period. Any additional fees and charges over and above this will be confirmed within the terms and conditions available on the website.
The Buyer's Premium is in addition to the final selling price and is considered within calculations for Stamp Duty Land Tax.
All buyers will be required to verify their identity and provide proof of how the purchase will be funded.
Energy Performance Certificate (EPCs)
An EPC is broadly like the labels provided with domestic appliances such as refrigerators and washing machines. Its purpose is to record how energy efficient a property is as a building. The certificate will provide a rating of the energy efficiency and carbon emissions of a building from A to G, where A is very efficient, and G is inefficient. The data required to allow the calculation of an EPC includes the age and construction of the building, its insulation and heating method. EPCs are produced using standard methods with standard assumptions about energy usage so that the energy efficiency of one building can easily be compared with another building of the same type. The Energy Performance of Buildings Directive (EPBD) requires that all buildings have an EPC when they are marketed for sale or for let, or when houses are newly built. EPCs are valid for 10 years, or until a newer EPC is prepared. During this period the EPC may be made available to buyers or new tenants.
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