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Studio flat for sale
Burgess House St. James Boulevard NEWCASTLE UPON TYNE NE1 4BW
£36,000
Burgess House St. James Boulevard NEWCASTLE UPON TYNE NE1 4BW
£36,000
Price History
Initial price | £39,500 |
08/10/25 | £36,000 |
Price Change | -8.86% |
Description
This cash-only investment opportunity is a fully managed, hands-off studio apartment in Burgess House, a purpose-built student development in the heart of Newcastle. The property is fully furnished and features a private kitchen and en-suite bathroom, making it perfect for modern student living. The apartment is located in a contemporary conversion of a former office building, offering premium on-site amenities such as a gym, laundry facilities, and a communal lounge. With a gross yield of 24.08% and a net yield of 10.73%, this property is an excellent opportunity to secure a high-yield, low-maintenance asset in one of the UK's leading student cities. The property is within walking distance of both universities, the main train station, shopping districts, and the city's vibrant nightlife, making it an attractive investment for cash buyers.