Initial price	£45,875
13/02/25	£41,500
16/04/25	£39,950
Price Change	-12.92%

Pure Investor presents a tenanted premium student studio for sale in the popular Burgess House, Newcastle, located on St James Boulevard with the city centre and both Northumbria and Newcastle universities within a 20-minute walk. The studio is currently generating £8,670 per annum in gross rental income, with a guide price of £39,950. The property is part of a development that offers a range of residencies, including budget-friendly premium studios and deluxe apartments, and is close to Newcastle Central Station, providing easy access to Sunderland. The studio is tenanted until September 2025, with a letting fee of 9% plus VAT, and is expected to generate a net rental income of £3,327 per annum, offering an attractive 8.32% yield.