Burgess House Newcastle Upon Tyne, 1 Bedrooms Apartment - studio ,For Sale

Burgess House, 93-105 St James Boulevard

Apartment - studio | For Sale

Price £50,000

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1 Bedrooms
1 Reception Rooms
1 Bathrooms
  • Investment Opportunity
  • £5,940 Annual Income*
  • 11.8% Gross Yield
  • Tenanted until July 2020
  • Studio Apartment
  • Second Floor
  • Fitted Kitchenette
  • Shower Room
  • Residents Gym & Entertainment Lounge
  • EPC Rating B

PREMIUM STUDIO APARTMENT, set on the SECOND FLOOR of this recently converted, five storey CITY CENTRE development. The communal area offers GYMNASIUM, ENTERTAINMENT LOUNGE, LAUNDRY ROOM, SECURE BIKE STORAGE and LIFT/STAIRS ACCESS to all floors. The apartment features fully-fitted STYLISH KITCHEN, with integrated hob, microwave and extractor hood, STUDY AREA with desk and chair, double bed with built in bedside tables, large STORAGE CUPBOARD, and SHOWER ROOM, with white suite. Modern benefits include FLAT SCREEN TV, which is wired for SKY, and INTERCOM ENTRY SYSTEM.

Burgess House is situated on ST JAMES BOULEVARD, which is within a short walking distance to Newcastle City Centre , offering a wide variety of amenities, bars, restaurants and major transport links, including NEWCASTLE CENTRAL TRAIN STATION. NEWCASTLE and NORTHUMBRIA UNIVERSITY campuses are within close proximity, making it an ideal location for students.

Energy Efficiency Rating

Current
Potential
1
1
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

CO2 Rating

Current
Potential
1
1
(92+)
A
(81-91)
B
(69-80)
C
(55-68)
D
(39-54)
E
(21-38)
F
(1-20)
G

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The property is currently rented for a 44-week term from 6th September 2019 to 9th July 2020, producing a gross annual income of £5,940.

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