Studio Flat For Sale In Newcastle Upon Tyne
St. James Boulevard, Scotswood Road, Newcastle upon Tyne, NE4 7JD, United Kingdom
About This Apartment
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
£4,086.00net rental income per annum
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: £3,416.82per annum
Lettings Fee: 8.5% plus VAT (£884.34)
Total Net Rental Income: £4,086.00per annum
With Newcastle Central Station just around the corner, students … Full description
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