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Burgess House

Newcastle, United Kingdom

Investment Type: STUDENT

Est. Completion: COMPLETED

  • Prime Newcastle City Centre Location
  • 51 week. tenancy until August '24 at £170 p/w
  • Earn Up To 7.2% Rental Yield
  • 42,000 full time student in Newcastle
Purchase Process

Studio 1.23

  • Purchase for just £56,500
  • Tenanted at £170.00 per week (51 weeks)
  • 7.2% NET rental yield
  • City centre location – popular with students
  • Array of on-site facilities
  • Large student premium studio
  • Close to two leading universities
  • Leading student management company


Studio 1.25 

  • 51 weeks x £170.00 AST
  • £8,670.00 gross rental income per annum
  • Ground Rent: £283.00 per annum
  • Service Charge: £4,124.74 per annum
  • Lettings Fee: 9% plus VAT (£936.36)
  • Estimated Completion: Completed

Studio 1.14 

  • 51 weeks x £170.00 AST
  • £8,670.00 gross rental income per annum
  • Ground Rent: £283.00 per annum
  • Service Charge: £4,124.74 per annum
  • Lettings Fee: 9% plus VAT (£936.36)
  • Estimated Completion: Completed

Burgess House - Overview

Pure Investor are delighted to present a tenanted premium student studio for sale in the extremely popular Burgess House, Newcastle.

Located on St James Boulevard, students at Burgess House have the city centre on their door-step and both Northumbria University and Newcastle University are just a 20 minute walk through the city centre.

With Newcastle Central Station just around the corner, students can also travel to Sunderland in under 30 minutes. Burgess House is home to 110 students each year, offering a range of residencies, including budget-friendly premium studios, to our spacious deluxe apartments.

Purchase Process

  • Reserve unit with a signed reservation form and pay a non-refundable £2,000 reservation fee
  • Instruct solicitors
  • Balance to be paid on completion (less reservation fee paid)

Burgess House - Key Points

Location

Location

Newcastle, United Kingdom

Price

Price

N/A

Tenure

Tenure

Leasehold

Completion

Completion

Completed

Rental Yield

Rental Yield

Up To 7.2%

Video - Burgess House

Development Availability

Sorry, we don't have any availability in this development at the moment. Please contact our team for more details.


Contact Us

If you would like further details about Pure Investor or any of our property investment opportunities, please contact us using the form below or call us directly.

Any Questions?

Call: +44 (0) 161 337 3890

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Looking to Sell

Looking to sell your tenanted buy to let property?

Are you considering selling your property with sitting tenants?

Concerned about losing rental income, or paying expensive utility bills for 4-5 months whilst you sell? We specialise in selling properties with tenants in situ, often saving the landlord thousands of pounds in lost rental income.

  • Specialists in selling tenanted properties in the UK.
  • Database of over 30,000 experienced property investors, actively seeking tenanted properties to add to their portfolio.
  • Experienced in working with tenants and lettings agents to ensure smooth transition and good communication throughout.
  • Generate rental income right up to completion of sale and avoid expensive void periods during sales and legal process.

Free Valuation

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Contact Us

Contact us for your Free Consultation and Property valuation.

Burgess House - Location

Burgess House is within easy walking distance to both the University of Newcastle and the University of Northumbria. It is also a close proximity to Newcastle city centre and the famous St James Park football ground, home of Newcastle United football club.

Nearby Amenities

  • Newcastle Central Metro - 0.3 miles
  • Eldon Square Shopping Centre -  0.5 miles
  • Newcastle Business School – 0.5 miles
  • St James’s Park – 0.6 miles
  • Newcastle University – 0.9 miles
  • Northumbria University – 1.1 miles

Need some help? Request a FREE call back today.

Whether you're a seasoned investor or considering your first property investment, our experienced team are here to help. Arrange a FREE call back from one of our team!

Free Call Back

Call our team today on +44 (0) 161 337 3890

Other Popular Developments

Why Choose Pure Investor

Key to the success and growth of Pure Investor in recent years has been our location on the outskirts of Manchester. Strategically located to offer all our consultants easy access to Manchester, Liverpool, Sheffield and Leeds, we are regular visitors to all the major property developments within the key Northern Powerhouse destinations.

We are passionate about the growth and development within these locations, ensuring our consultants have a high level of expertise regarding the development opportunities within these key growth areas. For this reason, many investors choose to speak with Pure Investor first when considering property investment in the North England.

We genuinely believe in working with our clients, providing a high quality of service and information, allowing our clients to make their decision on a more informed basis. As a result of this, an increasing number of investors are choosing to return and utilise our services on an ongoing basis. This is something we are incredibly proud of, and which we are looking to continually improve on in the future.

If you are considering in investing in a property in the North of England, and don't fancy the 'hard sell' approach, please feel free to get in touch on either enquiries@pureinvestor.co.uk or Tel: 0161 660 8261.

We look forward to hearing from you!

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