This studio apartment is located on the second floor of Burgess House on St James Boulevard in Newcastle upon Tyne, providing practical, self-contained accommodation in a highly central position. The apartment is currently let and offers a straightforward turnkey investment, with sustained demand for studio accommodation in the area. With an internal floor area of approximately 236 sq ft, the property benefits from double glazing, electric space heating, and hot water provided via the building's communal system. The apartment is held on a long leasehold of 250 years, with approximately 239 years unexpired, and is currently generating a gross yield of approximately 22.75%. The estimated annual net income is £3,040, with a net yield of approximately 7.6% on a purchase price of £40,000.