£2,500,000

Studio for sale

  1.  Portfolio For Sale 2.Jpg
Just added
Freehold

£2,500,000

Studio for sale

Sandyford Road, Jesmond, Newcastle Upon Tyne NE2

19 baths

Local area information

Property location

Nearby amenities

  • Newcastle Preparatory School 0.2 miles
  • Royal Grammar School 0.2 miles
  • Manors 0.6 miles
  • Newcastle 1.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Newcastle to find out more about the local area.

Features and description

  • Freehold
  • Investment opportunity
  • Priced at £2.5 million, with an additional buyer fee of 2% plus VAT
  • 19 self contained flats
  • Impressive rental income of £200,000pa
  • Prime location
Located in the desirable area of Sandyford, Newcastle Upon Tyne, this portfolio presents a remarkable investment opportunity. Priced at £2.5 million, with an additional buyer fee of 2% plus VAT, this property is poised to attract discerning investors seeking a lucrative venture in a thriving locale.

The property consists of a block of 19 self contained flats.

Sandyford is renowned for its vibrant community, excellent amenities, and picturesque surroundings, making it a highly sought after area for both residents and investors alike. The property boasts an impressive rental income of £200,000 per annum, highlighting its potential for substantial returns. This financial aspect, combined with the area's popularity, makes it an attractive proposition for those looking to expand their investment portfolio.

Jesmond is celebrated for its charming streets, leafy parks, and a variety of shops, cafes, and restaurants, all contributing to a high quality of life. The area is well connected to the city center and beyond, ensuring easy access to all that Newcastle has to offer.

In summary, this property in Sandyford is not just a place to invest; it is an opportunity to secure a foothold in one of Newcastle's most desirable neighbourhoods. With its strong rental income and prime location, it is a prospect that should not be overlooked by investors.

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Property descriptions and related information displayed on this page are marketing materials provided by - Dean & Co Estates. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Dean & Co Estates for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. Sandyford
  6. Sandyford Road