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True Student Newcastle

Newcastle, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

Accessible Studio 532

£74,950.00

Accessible Studio 132

£74,950.00

  • Invest from just £74,950
  • Earn potential yields of up to 9%
  • Completed and operational
  • EWS1 approved
  • Purchase 2 properties for just £130,000
  • Freehold Property
Purchase Process

Payment Plan

  1. Reserve your unit with a signed reservation form
  2. Provide certified ID, proof of address and proof of funds to Pure Investor
  3. Pay a £2,000 non-refundable reservation fee
  4. Solicitor instructed
  5. Remaining balance due on completion

Onsite Facilities

  • Modern gymnasium
  • Study and meeting areas
  • Roof terrace with river views
  • Outdoor events venue
  • Courtyard
  • Laundry room
  • Cinema and games room
  • Private kitchens with appliances

Financials

  • 2 accessible studios available from £74,950 per unit 
  • Purchase both units for just £130,000
  • Earn weekly rentals when tenanted from £160 up to £240 
  • Service Charges - estimated £2,000 per annum
  • Management fees - 6% + VAT
  • Earning potential NET yields of up to 9% when tenanted 

Studio 132 - £79,950 - Accessible studio - 1st floor - 28.72sqm

  • Currently tenanted until July 21 with a tenant lined up for 21/22 at £190 per week
  • Gross rental - £9,690 per annum
  • NET rental after charges - £6,992.32
  • NET yield - 8.7%

 

True Student Newcastle - Overview

True Student Newcastle is a completed development located in one of the country’s most under supplied markets. Designed to address the lack of available high-quality student rooms, True Student Newcastle is strategically positioned to cater for Newcastle University and Northumbria University students and offers city centre, waterfront accommodation.  The development comprises 227 fully furnished self-contained studios and an array of high-quality onsite facilities.

Investment Highlights

  • Invest from just £74,950
  • Earn potential rental yields of up to 9%
  • Weekly rents starting at £160
  • Perfectly located close to major universities (42,000 students)
  • Array of onsite facilities
  • Completed and operational
  • EWS1 Fire Safety rated A1
  • Freehold property
  • Stunning finish and modern design

Video - True Student Newcastle

Development Availability

PropertySizeBedroomsPriceEnquire
Accessible Studio 532 28.72 square metres-£74,950.00Enquire
Accessible Studio 13228.72 square metres-£74,950.00Enquire

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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Location

Newcastle is the 4th in the UK for student experience and nightlife, resulting in student numbers continuing to rise year on year with continuing to increase the demand for purpose-built student accommodation. True Student Newcastle is located a short walk from Northumbria University (home to 27,165 students) and Newcastle University (home to 22,000 students), with 15% of all students from overseas.

Nearby Amenities

0.2 miles – Quayside
0.4 miles – Northumbria University
0.6 miles – Sage Gateshead Arena
0.8 miles – Train Station
0.8 miles – City centre
1.0 mile – Newcastle University
1.2 miles – St James Station

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