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Burgess House

Newcastle, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Unit 2.22 Burgess House

£36,000.00

  • City centre location
  • Tenanted until August 2021 at £120 per week
  • 8.1% rental yield
  • Array of onsite facilities
Purchase Process

 Payment Plan 

  1. Reserve unit 2.22 with a signed reservation form and pay a non-refundable £2,000 reservation fee
  2. Instruct solicitors
  3. Balance to be paid on completion (less reservation fee paid)

 

Unit 2.22 - £36,000

  • 2nd floor - 22.8sqm
  • Tenanted at £120 per week for 51 weeks
  • Gross rental - £6,120 per annum
  • Service charge - £2,200 per annum
  • Lettings fee - £700 per annum
  • Ground rent - £281 per annum
  • Net rental - £2,939 per annum
  • Net yield - 8.1%

Burgess House - 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. Both Northumbria University and Newcastle University are just a 20 minute walk through the city centre, and with Newcastle Central Station just around the corner, students can 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.

Investment Highlights

  • Unit 2.22 available for just £36,000
  • Offering a generous 8.1% rental yield
  • City centre location – popular with students
  • Array of on-site facilities
  • Large student premium studio
  • Building has a monthly social budget to spend on students – making this a popular development to be in!
  • Well known, reputable management company in place

Onsite Facilities

  • Gymnasium
  • Cinema Room
  • Laundry Room
  • Free Wi-Fi
  • Bike Storage
  • Social area
  • CCTV throughout
  • Car Parking

Burgess House - Key Points

Location

Location

Newcastle, United Kingdom

Price

Price

£36,000.00

Completion

Completion

Completed

Rental Yield

Rental Yield

8.1%

Development Availability

PropertySizeBedroomsPriceEnquire
Unit 2.22 Burgess House22.8 square metres-£36,000.00Enquire

Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Burgess House is within easy walking distance to the University of Newcastle and the University of Northumbria. It is also a close proximity to Newcastle city centre and the famous St James Park football ground, home of Newcastle United football club.

  • Newcastle University – 0.9 miles
  • Northumbria University – 1.1 miles
  • Newcastle Central Metro – 0.3 miles
  • Eldon Square Shopping Centre -  0.5 miles
  • Newcastle Business School – 0.5 miles
  • St James’s Park – 0.6 miles

Need some help? Request a FREE call back today.

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Other Popular Developments

Why Choose Pure Investor

Client Testimonials

  • All the way through the process you have kept us informed and dealt with the negotiations in a most professional way.

    Audrey & Colin | Lancashire

  • "My wife and I were looking for purpose built student accommodation for investment and, notwithstanding that we were not their clients, the team at Pure Investor took the trouble to identify our goals and then set about helping us to achieve them."

    Peter Taylor | Student Accommodation Investment

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