Flat for sale

Overview

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 £4,086.00 net 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: £3,416.82 per annum Lettings Fee: 8.5% plus VAT (£884.34) Total Net Rental Income: £4,086.00 per annum 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) For more details and to contact: https://realtyww.info/flats_newcastle-upon-tyne-d529706/for-sale_i71110244

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