£36,000
Studio for saleSt. Georges Way, Eldon Square, Newcastle Upon Tyne NE1
1 bath
1 reception
EPC Rating: C
- Leasehold
Yieldit
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About this property
High Net Returns
Fully Managed Investment
Cash Buyers Only
Central Newcastle Location
Modern Studio Apartment
Strong Student Demand
Premium Communal Facilities
Experienced Property Management
Burgess House St. James Boulevard Newcastle Upon Tyne Ne1 4Bw
Cash Buyers Only – Not Mortgageable Due to Lease Restrictions.
Yieldit are excited to offer this hands-off investment opportunity in Burgess House, a purpose-built student development in central Newcastle. This self-contained studio comes fully fitted with a private kitchen and en-suite bathroom, ideal for student living.
The building, a modern conversion of a former office block, features 110 high-spec student pods. Residents enjoy access to premium communal amenities including a gym, laundry facilities, secure bicycle storage, and a social lounge - with full management in place.
Located in the heart of Newcastle, the property is within easy reach of both universities, the train station, shops, and nightlife. Demand for quality student housing in the city is consistently strong.
Newcastle is known as the best-connected city in the UK outside of London and continues to attract investors due to its affordability, international appeal, and growing student population.
This is a fantastic chance to secure a high-yield, low-hassle investment in one of the UK’s top student markets.
Enquire now for more information.
Financial Breakdown
Gross Rent: £7,650.00
Net income: £2,952.80
Gross yield: 21.25%
Net yield: 8.2%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08150
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Tenure
Leasehold (240 years)
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Ground rent
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