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£39,500

Studio for sale
St. Georges Way, Eldon Square, Newcastle Upon Tyne NE1

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

Yieldit

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About this property

  • Hands off investment opportunity

  • Purpose built student accomodation

  • 8% net return

  • Fully managed

  • Student studio

  • Popular development

  • Ideal location

  • Communal areas

Burgess House St. James Boulevard Newcastle Upon Tyne Ne1 4Bw

Cash buyers only! – Not Mortgageable Due to Lease Restrictions

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.

This self-contained studio apartment comes fully furnished and features a private kitchen and en-suite bathroom — perfectly suited for modern student living.

Burgess House is a contemporary conversion of a former office building and now offers 110 high-specification student pods. Residents benefit from premium on-site amenities, including a gym, laundry facilities, secure bicycle storage, and a communal lounge — all professionally managed for complete peace of mind.

Ideally located in central Newcastle, the property is within walking distance of both universities, the main train station, shopping districts, and the city’s vibrant nightlife. The demand for quality student accommodation in Newcastle remains consistently high.

Recognised as the UK’s best-connected city outside of London, Newcastle continues to attract investors due to its affordability, international student appeal, and thriving rental market.

This is an excellent opportunity to secure a high-yield, low-maintenance asset in one of the UK’s leading student cities.

Financial Breakdown

Gross Rent: £7,905.00
Net income: £3,181.00
Gross yield: 20.01%
Net yield: 8.05%
Please contact agent for full financial breakdown.

Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-08151

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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.