Studio Flat For Sale £69,450
Apartment 39, Orme House, Orme Road, Newcastle

Identifying the huge demand for student accommodation in the area, Abode, the developer, successfully refurbished this former school into a mixture of studios and 2 bedroom apartments. Plan number 39, but room number 36 in the new build section this is a furnished studio apartment. Having been let 95% since completion of the build shows how popular this development has been. Ideal for an investor looking for a totally hands free, stress free, income generating investment.

Tenure: Leasehold (250 years)
Ground Rent: £350 per year
Service Charge: £2,000 per year