Studio apartment

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

Size: 23.4 sqm

Purchase price

£56,000

Size: 23.4 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,535
Ground rent £200
Service charge £2,086
Lettings fees £531
Net income £2,718
Gross yield 9.88%
Net yield 4.85%

**Attention Investors** Boutique student investment in popular development located in student hot-spot - Newcastle. Tenanted for immediate income.


We are pleased to present this luxury boutique student investment opportunity in Burgess House located in Newcastle. The development is a former office block which has been transformed into an amazing popular student hotspot.

The contemporary student room comprises of a fully fitted modern kitchen en-suite as well as a study area and smart TV. The development offers great communal areas including an onsite private residents’ gym, laundry room, secure bicycle storage and a fully equipped entertainment lounge all fitting with the sleek opulence of the building.

The popularity of the development helps by it being so 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.

The city of Newcastle has been 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.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Interested in this property? Enquire today to recieve further details upon this investment opportunity

Key features

Key features

Tenanted for immediate income

Key features

Popular boutique student development

Key features

Local to all amenites

Key features

Close to the university

Key features

Onsite private residents gym

Key features

Communal garden

**Attention Investors** Boutique student investment in popular development located in student hot-spot - Newcastle. Tenanted for immediate income. More info...

We are pleased to present this luxury boutique student investment opportunity in Burgess House located in Newcastle. The development is a former office block which has been transformed into an amazing popular student hotspot.

The contemporary student room comprises of a fully fitted modern kitchen en-suite as well as a study area and smart TV. The development offers great communal areas including an onsite private residents’ gym, laundry room, secure bicycle storage and a fully equipped entertainment lounge all fitting with the sleek opulence of the building.

The popularity of the development helps by it being so 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.

The city of Newcastle has been 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.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

  • Key features
    Tick Desktop Tenanted for immediate income
    Tick Desktop Popular boutique student development
    Tick Desktop Local to all amenites
    Tick Desktop Close to the university
    Tick Desktop Onsite private residents gym
    Tick Desktop Communal garden
  • 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 £5,535
Ground rent £200
Service charge £2,086
Lettings fees £531
Net income £2,718
Gross yield 9.88%
Net yield 4.85%

*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.