Initial price	£45,875
13/02/25	£41,500
Price Change	-9.54%

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 University and Newcastle University within a 20-minute walk. The studio has a guide price of £41,500 and generates a gross rental income of £8,670 per annum, with a net rental income of £3,327 (8.0% net) after fees and charges. The property is part of Burgess House, which offers a range of residencies, including budget-friendly premium studios, to its 110 students each year. With Newcastle Central Station nearby, students can easily travel to Sunderland in under 30 minutes. The purchase process involves reserving the unit with a signed form and paying a non-refundable £2,000 reservation fee.