Studio flat for sale

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Studio flat for sale

St. James Boulevard, Newcastle Upon Tyne, NE1
£43,000

Price History

Initial price £45,000
20/12/24 £43,000
Price Change -4.44%

Description

This property offers a lucrative investment opportunity with a net yield of 1.50% and an annual income of over £9,000. Located on St James Boulevard, it's just a 20-minute walk to both Northumbria University and Newcastle University, with Newcastle Central Station nearby for easy travel to Sunderland. The Premium Double Studio features a double bed, study area, kitchen with combi-oven and fridge, TV, and en-suite shower room. Residents can enjoy social spaces within the building, including a communal area and gym, as well as on-site support from the Accommodation Team. The property also benefits from 24/7 CCTV and a dedicated out-of-hours service for added peace of mind. With discounted management fees available for cash buyers, this is an attractive opportunity for investors.