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Studio flat for sale
St. Georges Way, Eldon Square, Newcastle Upon Tyne NE1
£39,500
St. Georges Way, Eldon Square, Newcastle Upon Tyne NE1
£39,500
Our Summary
- Cash buyers only
- Yieldit are pleased to present this fully managed, hands-off investment opportunity in Burgess House, a purpose-built student development in the heart of Newcastle
- Hands off investment opportunity
Description
This fully managed, hands-off investment opportunity is a self-contained studio apartment in Burgess House, a purpose-built student development in the heart of Newcastle. The apartment comes fully furnished and features a private kitchen and en-suite bathroom, making it perfectly suited for modern student living. The property benefits from premium on-site amenities, including a gym, laundry facilities, and a communal lounge, and is located within walking distance of both universities, the main train station, shopping districts, and the city's vibrant nightlife. With a gross yield of 20.01% and a net yield of 8.05%, this is an excellent opportunity to secure a high-yield, low-maintenance asset in one of the UK's leading student cities. The property is only available to cash buyers due to lease restrictions, making it a unique investment opportunity.