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Studio
Burgess House, Saint James Boulevard, Newcastle Upon Tyne
£40,000
Next Steps
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Our Summary
- Fully managed and hands free investment opportunity
- High demand with potential for rental increase next year
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Description
The property is a studio apartment in Burgess House, located in the prime Newcastle city centre with a prime position close to two leading universities. The apartment has a modern open-plan living and sleeping area with a fitted kitchenette, study space, and a contemporary shower room. It is a leasehold property with approximately 238 years remaining on the lease, and is currently rented out to a young professional tenant at £665 per calendar month.