Price From £64,995
Fixed Yield 9.16% NET for 2 years
Superior quality studio apartmentsadjacent to universities
fully managed investment
zero stamp duty
Newcastle-upon-Tyne suffers from a severe shortage of purpose built student accommodation (PBSA) and there are over 50,000 new students to the city annually . The two universities in Newcastle are the University of Northumbria and the Red Brick (Russell Group) University of Newcastle, both renowned for their exceptional reputation.
The Burgess House student housing development is an office block conversion into over 100 state of the art, self contained studio apartments, with the project being a superb example of the highest standards in purpose built student accommodation (PBSA)
Siuated in a perfect, central location, being next to the city universities, the Newcastle United Football Club and in a vibrant city centre, the studio apartments will be let and managed by a proven management company with an impeccable track record
Investors in UK Student Property typically receive bigger income gains than with other forms of Buy to Let property investing, much more income than from high street bank or building society accounts or even the best performing income bonds, with an national average NET return of around 7% per year. The number of students in higher education in the UK is booming and last year, for Britain’s 1.7 Million students, only 39000 purpose built bed spaces were developed, meaning that local supply for quality, desirable and secure student accommodation is by far outstripped by the growing demand for it.
Why Invest in Newcastle Student Housing ? Location location location !
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