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studio flatBurgess House, Newcastle, NE1 4BW

£40,000


CALLING ALL CASH BUYERS! This premium studio apartment for student/professionals PROVIDES A 14% NET RETURN!* Set on the third floor of this recently converted, five storey city centre development. The communal area offers a gym, entertainment lounge, laundry room, communal courtyard, secure bike storage and lift/stair access to all floors. The apartment features a 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. Flat screen TV and intercom entry system are just some of the modern features of this apartment. Book a viewing now to avoid disappointment! *This flat is currently tenanted at £162 per week. Please note, leasehold charges are as follows: Ground rent - £287 per annum Service charge - £2,536.44 per annum. Images used within this advert are of a similar apartment in the building.


Address
Burgess House, Newcastle, NE1 4BW
Price
£40,000 - OIRO
Property Type
Flat
Bedrooms
0
Bathrooms
1
Tenure
Leasehold
  • Flat
  • Investment Opportunity (Cash Buyers Only)
  • Third Floor Studio Apartment
  • 13% Gross Yield*
  • Stylish Fitted Kitchen
  • Shower Room
  • Residents Gym And Entertainment Lounge

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Purplebricks vs high street agents

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Purplebricks’ fixed fee service is a great way to get excellent exposure for your home and can save you a lot of money when comparing us to the service you receive from high street agents. Get SOLD with Purplebricks.

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Your property price

£300,000

High street agent (1.3%)
£4,680
Purplebricks fixed fee (0.53%)
£1,599
You could save
£3,081

Equivalent to an average of 1.3% plus VAT charged by high street agents. Purplebricks service is a fixed fee including VAT.

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