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3 Bed Flat, Single Let, Newcastle upon Tyne, NE2 2NJ £229,950

Cavendish Road, Newcastle Upon Tyne, Tyne and Wear, NE2 2NJ - 3 views - a year ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE2
  4. NE2 2NJ
Sold STC
Leasehold
BTL
ROI: 3%
~93 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE2
  • More Single Let Deals
  • More Single Let Deals in Newcastle Upon Tyne
  • More Single Let Deals in NE2

Property History

Listed for £229,950

September 27, 2024

Description

  • Let until summer 2025 +
  • £110pppw (£1,430pcm) +
  • All double rooms +
  • Open plan lounge kitchen +
  • Rear yard with off street parking +
  • Corner plot with side garden +

Investment Opportunity in Jesmond: Three Bedroom on Cavendish Road

Discover a prime investment opportunity with this three bedroom flat located on Cavendish Road in Jesmond. Currently let out until the Summer of 2025 rented at £110 per person per week (£1,430 per calendar month). This property presents a lucrative prospect with room for rent increases that surpass local market trends.

Invest wisely and secure your stake in the thriving Jesmond property market. Jesmond is a thriving student community, and excellent amenities, is one of Newcastle’s most desirable residential areas. With its proximity to universities, local shops, restaurants, and transport links, the area consistently attracts high demand from renters, ensuring a strong rental yield. With its ideal location and income potential, this flat on Cavendish Road is a promising choice for seasoned investors and those looking to expand their property portfolios.

Agent Details

Greetham Gilbert, Jesmond

0191 743 9741

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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