Studio apartment

St. James Boulevard, Newcastle Upon Tyne NE14BW

Size: 18.9 sqm

Purchase price

£65,000

Size: 18.9 sqm

SQM

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,273
Ground rent £200
Service charge £2,086
Lettings fees £602
Net income £3,385
Gross yield 9.65%
Net yield 5.21%

Fully furnished, tenanted premium studio in the popular student development - Burgess House in Newcastle. *Highly sought after with yields in excess of 9%!*


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 a fantastically popular student hotspot.

The contemporary premium studio 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 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. 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! Enquirer 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 investment opportunity to August 2019!

Key features

Provides income from day one of investment

Key features

Popular student development in Newcastle

Key features

Managed & let by experienced agents - Fortis

Key features

Onsite residents gym

Key features

Premium fully self contained studio

Key features

Fully furnished

Key features

Secure bicycle storage

Fully furnished, tenanted premium studio in the popular student development - Burgess House in Newcastle. *Highly sought after with yields in excess of 9%!* 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 a fantastically popular student hotspot.

The contemporary premium studio 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 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. 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! Enquirer 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 investment opportunity to August 2019!
    Tick Desktop Provides income from day one of investment
    Tick Desktop Popular student development in Newcastle
    Tick Desktop Managed & let by experienced agents - Fortis
    Tick Desktop Onsite residents gym
    Tick Desktop Premium fully self contained studio
    Tick Desktop Fully furnished
    Tick Desktop Secure bicycle storage
  • 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 £6,273
Ground rent £200
Service charge £2,086
Lettings fees £602
Net income £3,385
Gross yield 9.65%
Net yield 5.21%

*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.