2 bed flat for sale

Citygate, Newcastle Upon Tyne NE1

Hunters Estate Agents Newcastle are delighted to bring to the market this well-presented two-bedroom apartment in the popular Citygate development on Bath Lane, offering an excellent opportunity for investors seeking a city centre property with an established rental income.

Currently generating £1,250 per calendar month (£15,000 per annum), the apartment offers an attractive gross rental yield of approximately 8.82% based on the asking price of £170,000.

Citygate is ideally placed for everything Newcastle has to offer, with the city centre within easy reach and a fantastic choice of shops, restaurants, bars and leisure facilities nearby. Excellent transport connections also make the location particularly appealing to tenants.

Inside, the apartment offers bright and spacious accommodation, with an entrance hallway opening into a generous open-plan living, dining and kitchen area – a great space for both relaxing and entertaining. The contemporary fitted kitchen includes a range of wall and base units, contrasting work surfaces, integrated appliances and a practical breakfast bar.

There are two well-proportioned bedrooms and a modern bathroom, while double glazing and electric heating complete the accommodation.

Combining a desirable city centre location, two-bedroom accommodation and a strong existing rental return, this is an appealing turnkey investment opportunity for both experienced landlords and those looking to add a Newcastle city centre property to their portfolio.