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Studio flat for sale
St. James Boulevard, Newcastle Upon Tyne, NE1
£42,500
St. James Boulevard, Newcastle Upon Tyne, NE1
£42,500
Our Summary
- **ATTENTION INVESTORS** This property presents a lucrative investment opportunity with a net yield of 9% and an annual income in excess of £8,250
Description
This property offers a lucrative investment opportunity with a net yield of 9% and an annual income of over £8,250. Located on St James Boulevard, it's close to the city centre and within walking distance to Northumbria University and Newcastle University. The premium studio features a double bed, study area, kitchen, TV, and en-suite shower room. Residents can enjoy communal social spaces, a gym, and an on-site Accommodation Team. The property also benefits from 24/7 CCTV and a dedicated out-of-hours service. With discounted management fees available for cash buyers, this is an attractive opportunity for investors.