Flat for sale in Blagdon Street, Newcastle, Tyne And Wear NE1

£83,000
Flat for sale - 1 bedroom 1
Interested in this property? Call +44 20 8115 8144 * or Request Details

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Property features

  • 8% net rental yield
  • Completing August 2019
  • Fully managed
  • No Stamp Duty
  • Cash buyers
  • High Spec and modern
  • Private kitchen and bathroom
  • On-site facilities
  • Furniture included
  • Interest paid on deposits (optional)

Property description

With an 8% net rental yield guaranteed for 5 years from completion as well as a fully managed "armchair' option this truly is one of the best investment opportunities available on the market.

Your apartment will come fully furnished ready to let and due to the fantastic location, less than a mile away from Newcastle's two main universities, this student let is expected to be 100% tenanted at all times. Take a look at the map to appreciate the central and desirable location.

Waterfront views await you along with on "" site facilities such as a gymnasium, games room, cinema, roof top terrace and on site reception and security services. Proving once more that this is a luxurious residence filled with extra details. And with 50,000 students in Newcastle, this development is sure to be needed, wanted and stand out above the rest.

Example investment:
Purchase price: £81,250
Rent per month: £541.66 including service charge and management fees!

Rent per year: £6,500
Guaranteed rent over the 5 year period: £32,500!

This is a student property. You will own the full title deed on a leasehold basis, there is no stamp duty payable.

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For more information about this property, please contact
Property and Invest, N1 on +44 20 8115 8144 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Property and Invest, and do not constitute property particulars. Please contact Property and Invest for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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