Studio apartment

Burgess House, St James Boulevard, Newcastle, NE1 4BW

Size: 22.6 sqm

Purchase price

£65,000

Size: 22.6 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,375
Ground rent £200
Service charge £2,086
Lettings fees £612
Net income £3,477
Gross yield 9.81%
Net yield 5.35%

Great low cash investment opportunity! Premium studio in popular student development located in the student hub of Newcastle! Tenanted for immediate income for 18/19.


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, in addition to 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 building 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.

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. In addition Newcastle University is ranked in the top 200 universities in the world by both the QS and Times Higher Education and is 18th in the Sunday Times/Times Good University Guide. The university plays a key role in the economic, social and cultural development of the North East with the University investing £50 million in the heart of Newcastle creating a major new city centre science and technology site.

No surprise as to why 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 student investment for immediate income

Key features

Highly popular student development

Key features

Managed by Fortis - Experienced student lettings

Key features

Onsite private residents gym

Key features

Fully furnished

Key features

Fully self contained premium studio

Key features

Local to universities

Key features

Great transport routes

Great low cash investment opportunity! Premium studio in popular student development located in the student hub of Newcastle! Tenanted for immediate income for 18/19. 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, in addition to 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 building 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.

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. In addition Newcastle University is ranked in the top 200 universities in the world by both the QS and Times Higher Education and is 18th in the Sunday Times/Times Good University Guide. The university plays a key role in the economic, social and cultural development of the North East with the University investing £50 million in the heart of Newcastle creating a major new city centre science and technology site.

No surprise as to why 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 student investment for immediate income
    Tick Desktop Highly popular student development
    Tick Desktop Managed by Fortis - Experienced student lettings
    Tick Desktop Onsite private residents gym
    Tick Desktop Fully furnished
    Tick Desktop Fully self contained premium studio
    Tick Desktop Local to universities
    Tick Desktop Great transport routes
  • 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 £6,375
Ground rent £200
Service charge £2,086
Lettings fees £612
Net income £3,477
Gross yield 9.81%
Net yield 5.35%

*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.