Studio apartment

Burgess House, 93-105 St James Boulevard, Newcastle, NE1 4BW

Size: 26.1 sqm

Purchase price

£55,000

Size: 26.1 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,975
Ground rent £200
Service charge £2,185
Lettings fees £574
Net income £3,016
Gross yield 10.86%
Net yield 5.48%

TENANTED FOR 2018/2019 ACADEMIC YEAR! A perfect cash investment opportunity. Large self-contained studio with contemporary ensuite and fitted kitchenette in popular student development! Let for 2018/19 academic year!


Burgess House sits in the midst of Newcastle, a bustling student city. This former office block has now been transformed into 110 boutique Student Pods with personal fitted kitchen and en-suite bathroom.

Along with this the development boasts communal areas including a gymnasium, laundry room, secure bicycle storage and fully-equipped entertainment lounge, making this an ideal place to work and play.

Centrally located, students will find themselves close to local amenities, clubs and bars, as well as in good proximity to both universities and the train station.

Managed by experienced Student Lettings company, Fortis Developments, Burgess House is the perfect addition to any property investment portfolio.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted for 18/19 Academic Year!

Key features

Walking Distance To University, Hospital & Train

Key features

Fully Furnished

Key features

Fully Managed Cash Investment Opportunity

Key features

Self Contained Studio

Key features

Gymnasium, Cinema Room & Games Room

Key features

Tenanted for Immediate Income!

Key features

City Centre Location

TENANTED FOR 2018/2019 ACADEMIC YEAR! A perfect cash investment opportunity. Large self-contained studio with contemporary ensuite and fitted kitchenette in popular student development! Let for 2018/19 academic year! More info...

Burgess House sits in the midst of Newcastle, a bustling student city. This former office block has now been transformed into 110 boutique Student Pods with personal fitted kitchen and en-suite bathroom.

Along with this the development boasts communal areas including a gymnasium, laundry room, secure bicycle storage and fully-equipped entertainment lounge, making this an ideal place to work and play.

Centrally located, students will find themselves close to local amenities, clubs and bars, as well as in good proximity to both universities and the train station.

Managed by experienced Student Lettings company, Fortis Developments, Burgess House is the perfect addition to any property investment portfolio.

  • Key features
    Tick Desktop Tenanted for 18/19 Academic Year!
    Tick Desktop Walking Distance To University, Hospital & Train
    Tick Desktop Fully Furnished
    Tick Desktop Fully Managed Cash Investment Opportunity
    Tick Desktop Self Contained Studio
    Tick Desktop Gymnasium, Cinema Room & Games Room
    Tick Desktop Tenanted for Immediate Income!
    Tick Desktop City Centre Location
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,975
Ground rent £200
Service charge £2,185
Lettings fees £574
Net income £3,016
Gross yield 10.86%
Net yield 5.48%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.