Newcastle upon Tyne, Tyne and Wear, NE4 Pitt Street 65 Unit Block | Freehold
Rental income for 2 yrs**
( Dividend Yield after 2 years)
of £2,992,800
Dividend Yield
Funded 100.00%
5 Year HPI



The investment comprises a modern five-storey development of 65 purpose-built student studios.

The studios are fitted to a high standard, and feature study desk & chair, ensuite shower rooms, and integrated kitchenette. In addition, the block contains a cycle store, laundry facility and a lift serving all floors.

We present here floorplans for 3 of the floors within the block.



  • Share Valuation
  • Rental Income Breakdown
Gross Rent per year (E)
Service Charges
- £67,743
Gross Rental Revenue
= £362,525
Gross Rental Yield
- £175,294
Annual Interest Payment
Letting and Management
Property Insurance
Allowance for possible voids
Maintenance Allowance
Corporation Tax
Dividends per year
= £187,231
Dividend Yield

Note: UK taxpayers are currently entitled to a £5,000 annual dividend allowance. This means that the total income related tax you pay is no greater than if you were to own the property directly. Gross rent and dividends may be lower than estimated. Tax treatment depends on individual circumstances and may be subject to change in future. See FAQs for more information on taxation. The Dividend Yield assumes an investment at the Latest Valuation.


Pitt Street, NE4 5BF,