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Property Listing Details

Studio for sale

Burgess House, St James Boulevard, Newcastle Upon Tyne NE1

  • Investment

£50,000

Property details

  • 1 bathroom
  • 1 reception room

Features

  • Investment Property
  • Tenanted Until August 2019
  • £5,740 Rental Income
  • 11.4% Gross Yield
  • Student Accommodation
  • Third Floor Studio Apartment
  • Residents Gym
  • Bike Parking
  • Entertainment Lounge
  • EPC Rating B

Listing view statistics

Last 30 days: 144 page views

Since listed: 1853 page views

Description

Premium studio apartment, set on the third floor of this recently converted, five storey student accomodation. The communal area offers gymnasium, entertainment lounge, laundry room, secure bike storage and lift/stairs access to all floors. The apartment features fully-fitted stylish kitchen, with integrated hob, microwave and extractor hood, space for small dining table and chair, study area with desk and chair, double bed with built in bedside table, storage cupboard, and shower room, with white suite. Modern benefits include flat screen TV, which is wired for sky, and intercom entry system.

Burgess House is situated on st james boulevard, which is within a short walking distance to Newcastle City Centre, offering a wide variety of amenities, bars, restaurants and major transport links, including central train station. Newcastle and northumbria university campuses are within close proximity, making it an ideal location for students.

Agents Note

Due to property type, this property is only suitable for cash buyers only.

Floorplan

Map & Nearby

Local Amenities

  • Newcastle 0.3 miles
  • Manors 0.8 miles
  • Our Lady and St Anne's RC Primary School 0.2 miles
  • St Paul's CofE Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Newcastle 0.3 miles
  • Manors 0.8 miles
  • Our Lady and St Anne's RC Primary School 0.2 miles
  • St Paul's CofE Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in NE1:

  • £176,015
  • Price decrease

  • -£1,621
  • (-0.913%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £157,738
  • Properties sold

    46

Rental opportunities

£706 pcm

Recent sales nearby

See all recent sales in NE1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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How much could I borrow?

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Your home or property may be repossessed if you do not keep up repayments on your mortgage.

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
15th Feb 2019 £50,000 Price reduced by £5,000
6th Nov 2018 £55,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Walton Robinson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Walton Robinson for full details and further information.