+44 20 3608 1267

Student apartments in a new complex in Newcastle upon Tyne with a 8% yield

77,000 €
Submit request
Total area: 20 m² Yield: 8.0%
  • Absolute return: 7,280 €
  • Built in 2015
  • Development

It is a rentable student apartment in newly built complex, specially designed for the accommodation of students.

Description

The area of the apartment is 20 m².

The residents will be provided with:

  • kitchen;
  • bathroom;
  • equipped workplace;
  • furniture;
  • game room;
  • TV;
  • Internet connection.

Tenure: Leasehold to 995 years.

The apartment is leased out management company.

There are other apartments for sale ranging from 15 to 20 m² with prices ranging from £55,000 to £65,000.

Financial performance

Absolute income is £5,200.

The current yield of 8%.

VAT free.

Tenants

Tenant is a well-known management company CRM, serving more than 3,700 apartments.

The occupancy of apartments rented by the company is up to 99%.

Location

The property is situated in 15 minutes by walk from the city center.

Similar listings

We are looking for similar ads

Anna Kurianovich
Anna Kurianovich
Investment Consultant
+44 20 3608 1267
Free advice on real estate in Tyne and Wear
By clicking «Submit request», you agree with the terms of Tranio's User Agreement.
Submit request
    Send one more request
    • 0% commission to Tranio
    • Residence permit support
    • Mortgage rates from 2%