Hopper Street, Gateshead, Tyne And Wear

£69,995 per month

• Estimated completion Q4 2018
• Studio/1 bathroom
• 269 Sq. ft
• Assured rental return of 8% NET for 3 years
• Fully furnished, including high-end appliances
• Gym and sauna on site
• 3rd floor
• 250 year lease
• Service Charge - £1,375
• Ground Rent - £250

Gayle Chien are pleased to offer this premium investment opportunity in this sought after new development designed with students and young professionals in mind. Located in an ideal location, investors will achieve 8% assured rental income for 3 years.

Hopper House has been designed with students and young, professional tenants in mind and will include a gym and sauna. Each apartment features a terraced area to ensure that residents can enjoy their outside space as much as their tasteful interiors.

Tenant will benefit from an all-inclusive rental package, whereby tenants' heating, water, electricity, internet and so forth is included in their rent. For tenants, this makes budgeting easier and reduces the amount of financial admin they have to deal with. For investors, it means higher yields than can typically be found with 'traditional' rental investments.

All apartments come fully furnished to an extremely high standard, with quality fixtures and fittings. Laundry rooms within the building reduce the need for washing machines in individual homes, thus maximising space for tenants while removing a maintenance headache for investors.

Features

  • 3rd floor
  • Studio/1 bathroom
  • 25 Sq. m
  • town centre location
  • all-inclusive rental package
  • Property type: Apartment
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception rooms: 1
  • Floor space: 25 m2

For further details please call Colin on 01883 335 987 or email colin.gayle@gaylechien.com.

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