Property photos
Leasehold
Guide price
£56,500
Studio for sale
St James Boulevard, Newcastle Upon Tyne NE11 bath
EPC rating: C
Local area information
Property location
Nearby amenities
- Our Lady and St Anne's RC Primary School 0.2 miles
- St Paul's CofE Primary School 0.3 miles
- Newcastle 0.3 miles
- Manors 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Walking distance to two major universities
- Leading student property management company in place
- Two minutes walk to mainline train station
Pure Investor are delighted to present a tenanted premium student studio for sale in the extremely popular Burgess House, Newcastle.
Located on St James Boulevard, students at Burgess House have the city centre on their door-step and both Northumbria University and Newcastle University are just a 20 minute walk through the city centre.
Burgess House - Investment Highlights
Purchase for just £56,500
Tenanted at £170.00 per week (51 weeks)
7.2% net rental yield
City centre location – popular with students
Array of on-site facilities
Large student premium studio
Close to two leading universities
Leading student management company
51 weeks x £170.00 AST
Ground Rent: £281.72 per annum
Service Charge: £3,416.82 per annum
Lettings Fee: 8.5% plus VAT (£884.34)
Estimated Completion: Completed
With Newcastle Central Station just around the corner, students can also travel to Sunderland in under 30 minutes. Burgess House is home to 110 students each year, offering a range of residencies, including budget-friendly premium studios, to our spacious deluxe apartments.
Purchase Process
Reserve unit with a signed reservation form and pay a non-refundable £2,000 reservation fee
Instruct solicitors
Balance to be paid on completion (less reservation fee paid)
Located on St James Boulevard, students at Burgess House have the city centre on their door-step and both Northumbria University and Newcastle University are just a 20 minute walk through the city centre.
Burgess House - Investment Highlights
Purchase for just £56,500
Tenanted at £170.00 per week (51 weeks)
7.2% net rental yield
City centre location – popular with students
Array of on-site facilities
Large student premium studio
Close to two leading universities
Leading student management company
51 weeks x £170.00 AST
Ground Rent: £281.72 per annum
Service Charge: £3,416.82 per annum
Lettings Fee: 8.5% plus VAT (£884.34)
Estimated Completion: Completed
With Newcastle Central Station just around the corner, students can also travel to Sunderland in under 30 minutes. Burgess House is home to 110 students each year, offering a range of residencies, including budget-friendly premium studios, to our spacious deluxe apartments.
Purchase Process
Reserve unit with a signed reservation form and pay a non-refundable £2,000 reservation fee
Instruct solicitors
Balance to be paid on completion (less reservation fee paid)
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
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