Studio apartment

Burgess House, St James' Blvd, Newcastle upon Tyne, NE1 4BW

Size: 21.3 sqm

Purchase price

£66,500

Size: 21.3 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,132
Ground rent £250
Service charge £2,086
Lettings fees £467
Net income £3,328
Gross yield 9.22%
Net yield 5.00%

A perfect cash investment opportunity. Large self-contained studio with contemporary ensuite and fitted kitchenette in popular student development!


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.

Named the best-connected city in the UK outside of London, Newcastle’s position, nestled on the North-East coast next to the North Sea, makes it a key location for students.

Boasting international renown and some of the most affordable property prices in the UK, Newcastle has become a haven for property investors from around the world. Don’t miss out by letting this great opportunity pass by! Enquire now for more information.

Interested in this property? Enquire today for more information

Key features

Key features

Popular student development

Key features

Tenanted for 2018/2019 for an instant return

Key features

Local to all amenities

Key features

Boutique student pod

Key features

On site gym

Key features

Fully fitted kitchen

A perfect cash investment opportunity. Large self-contained studio with contemporary ensuite and fitted kitchenette in popular student development! More info...

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.

Named the best-connected city in the UK outside of London, Newcastle’s position, nestled on the North-East coast next to the North Sea, makes it a key location for students.

Boasting international renown and some of the most affordable property prices in the UK, Newcastle has become a haven for property investors from around the world. Don’t miss out by letting this great opportunity pass by! Enquire now for more information.

  • Key features
    Tick Desktop Popular student development
    Tick Desktop Tenanted for 2018/2019 for an instant return
    Tick Desktop Local to all amenities
    Tick Desktop Boutique student pod
    Tick Desktop On site gym
    Tick Desktop Fully fitted kitchen
  • 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 £6,132
Ground rent £250
Service charge £2,086
Lettings fees £467
Net income £3,328
Gross yield 9.22%
Net yield 5.00%

*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.