- Buy-to-Let Opportunity +
- Long-Term Tenants currently situated +
- Likely to attract enquiries from Serious Investors & Developers +
- Good Condition +
- Secure, gated parking beneath the building exclusively for residents +
- Lift access is available within the building +
- Just a 5-minute walk to West Jesmond Metro station, this property is ideally located just off Osborne Road-the vibrant heart of Jesmond +
- Enjoys proximity to bustling bars, fine restaurants, independent shops, and quaint cafés +
- 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.
We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.