Offers over
£190,000
(£280/sq. ft)
2 bed flat for saleJesmond, Newcastle Upon Tyne NE2
2 beds
1 bath
1 reception
678 sq. ft
EPC Rating: C
- Leasehold
Let Property
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About this property
Buy-to-Let Opportunity
Long-Term Tenants currently situated
Likely to attract enquiries from Serious Investors & Developers
Secure, gated parking beneath the building exclusively for residents
Lift access is available
Convenient Local Transport Links
Ideal for Working Professionals
Investment potential detailed below (Let Property Pack)
Our latest listing is a 2-bedroom flat located in Newcastle Upon Tyne. It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence.
For investors looking to expand their portfolio, this is a fantastic opportunity!
This home features two bedrooms, a three-piece bathroom, a lounge, and a kitchen. The property also benefits from secure, gated parking located beneath the building, exclusively for residents, as well as convenient lift access.
Ideally situated just a 5-minute walk from West Jesmond Metro station and just off Osborne Road—Jesmond’s vibrant hub—this location offers easy access to a lively mix of bars, fine dining, boutique shops, and charming cafés. Jesmond is widely regarded as Newcastle’s most stylish and sought-after district, making this property an ideal choice for working professionals.
With excellent local transport links and a prime location, this home is perfect for those seeking comfort, convenience, and a vibrant lifestyle.
Investment details
It currently produces an annual gross income of £11,160 which the new owner could increase to a market rate of £13,524 with tenants currently situated. Considering the purchase price, this will make for a worthwhile addition to an investor's property portfolio.
Please see the Let Property Pack linked below for greater details on this property's investment potential.
If you are interested, please call us.
Tenancy Details
The current tenants have lived in the property for over a year and have consistently paid their rent for their stay. They do not intend to move out so they hope to remain in the property.
Let Property Sales is committed to facilitating a smooth transaction process. To ensure maximum commitment from both parties to the sale, a fully refundable buyer's premium may apply to secure a property. This amount is not an additional cost and is refunded in the event of non-completion.
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More information
Tenure
Leasehold (102 years)
Service charge
£2,925 per year
Council tax band
C
Ground rent
£105
Ground rent date of next review