Opis:

Tenure: Leasehold

Burgess House Student Rooms
For Investment Purposes ONLY

Within walking distance of the city centre and Newcastle United football ground, not to mention both university campuses, students living at Burgess House also have access to excellent local and national transport links, to allow them to explore their new home away-from home.

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Property Overview

Gymnasium
Laundry Room
Secure Bicycle Storage
Fully Equipped Entertainment Lounge

Fortis Lettings

As with all Fortis Developments' properties, Burgess House will be let and managed by an experienced rental management company who will be based on-site, to assist with any queries that residents may have and ensure the smooth day-to-day running of the building.

Student Property Market

According to Knight Frank's 2014 Property Insight Report, the student accommodation sector has produced positive rental growth every year of the economic downturn.

This pervasive demand for a British education shows no sign of fading as university applications are at record highs. UCAS figures for the 2013/14 intake have indicated that nationally, university acceptances are at their highest ever levels.

The popularity of student accommodation among investors is effectively driven by reliable occupancy rates of 99% or higher, as well as the structural under supply.

Investors are capitalising on the rising demand of boutique, high-quality accommodation, in addition to the shortage of passable properties that fulfil students' needs, to generate high returns, not found anywhere else in the UK's property market.

Knight Frank predicts this asset class is set to continue to be strong in the future, saying: "We forecast 2014 will see increased rental growth, sharpening yields and improved investment performance for existing funds."



Newcastle City Centre
9.16% Net Rental Income
Minutes from Newcastle and Northumbria University
Completion for June 2015
Managed by Fortis Lettings