Skip to main content

Property Listing Details

Property details

  • 1 bathroom
  • 1 reception room

Features

  • Investment Property
  • Tenanted Until July 2021
  • £5,140 Annual Income*
  • 11.4% Gross Yield
  • Studio Apartment
  • First Floor
  • Fitted Kitchenette
  • Shower Room
  • Residents Gym & Entertainment Lounge
  • EPC Rating B

Listing view statistics

Last 30 days: 99 page views

Since listed: 3243 page views

Description

Student accommodation | studio apartment | let to July 2021 | £5,140 income 19-20

Burgess House

Burgess House is a student accommodation development situated on St James Boulevard in Newcastle city centre, ideally located for students at Newcastle University and situated within striking distance of all of Newcastle city centre's attractions, amenities and transport links.

The property is accessed via a secure communal entrance with staffed reception, there is stair and lift access to all floors. The apartment is located on the first floor of the building and briefly comprises of an open plan living, kitchen, study and sleeping area with laminate flooring, fitted double bed, desk, TV, storage space and aluminium framed double glazed window. The Kitchenette has white gloss units and rolltop workspace, with electric hob and combi-oven, stainless steel sink & drainer, extractor hood and under bench fridge/freezer, There is a shower room with a mains powered shower, white WC and pedestal basin.

To the basement of the development there are residents facilities including entertainment lounge, gymnasium and secure cycle storage.

The property is currently rented for a 44-week term from September 2020 to July 2021, producing a gross annual income of £5,140.

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 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:

  • £173,915
  • Price decrease

  • -£1,541
  • (-0.878%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £152,258
  • Properties sold

    40

Rental opportunities

£685 pcm

Recent sales nearby

See all recent sales in NE1
Switch to next tab

Estimated running costs

Based on available 3rd party data

Mortgage calculator

£ per month

How much could I borrow?

In partnership with

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

These results are not provided by Bankrate and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided, your lenders criteria and your personal circumstances. The interest rate has also been assumed to stay the same for the selected mortgage term.

The Agent

Price history

Sold prices provided by Land Registry
26th Sep 2019 £45,000 Price increased by £10,000
24th Jun 2019 £35,000 Price reduced by £19,950
31st Jan 2019 £54,950 First listed

Want an expert valuation of your home?

Book an agent valuation
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.