Back to results
Guide price £28,000
See how much I could borrow
Residential · Flat · Leasehold

A First Floor Student Accommodation Studio Flat Subject to a Tenancy Producing £7,905 Per Annum

Q102 Quartz Block E The Glassworks, Coquet Street, Newcastle upon Tyne, Tyne and Wear, NE1 2QE

Property type
Flat
Bathrooms
1
Tenure
Leasehold

A first-floor studio flat in a purpose-built student development, held on a long leasehold with approximately 988 years remaining. The property is subject to a tenancy producing £7,905 per annum and includes a shower room and access to communal facilities.

Student accommodation Long leasehold Tenanted investment Communal facilities

Accommodation

  • Studio room
  • Shower room

Full description

The property comprises a first floor studio flat situated within a purpose built building arranged over ground and four upper floors in a student living development. The accommodation comprises a studio room and a shower room. The property benefits from access to communal facilities including a kitchen and various breakout areas. The property is situated on a mixed-use road close to local shops and amenities of the City Centre. The open space of City Stadium Park is within easy reach. Transport links are provided by Manors and Newcastle rail station. Leasehold. The property is held on a 995 year lease from October 2015 (thus approximately 988 years unexpired). The property is subject to a Tenancy for a term of 51 weeks commencing September 2022 at a rent of £155 per week.

Financial Tools

Your estimated monthly payment
£116.72/mo
Deposit £7,000 (25%) Loan £21,000 Interest £14,017
Total cost £35,017 Total interest £14,017
Property price£28,000
Deposit25%
£7,000
Interest rate4.5%
Term25 yrs

For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.

AUCTIONKEYS © 2026 Auctionkeys Ltd · Privacy · Terms · Bidder agreement