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2 Bed Flat, Single Let, Newcastle upon Tyne, NE4 5DP £140,000

14 The Printworks, Rutherford Street NE4 5DP - 1 views - 6 months ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE4
  4. NE4 5DP
Sold STC
Leasehold
BTL
ROI: 7%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE4
  • More Single Let Deals
  • More Single Let Deals in Newcastle Upon Tyne
  • More Single Let Deals in NE4

Property History

Listed for £140,000

May 26, 2025

Floor Plans

Description

  • Investment Opportunity +
  • £12,600pa Rental Income +
  • Increasing to £13,176pa from August 2026 +
  • 9.8% Gross Yield +
  • Tenanted until August 2026 +
  • Third Floor City Centre Apartment +
  • Open Plan Living & Kitchen +
  • Two Double Bedrooms +
  • Car Parking Space +
  • Service Charge Approx. £1,350pa +

INVESTMENT OPPORTUNITY - City Centre Apartment currently LET UNTIL AUGUST 2026 producing £12,600pa annualised rental income, increasing to £13,176 from August 2025. The property is well presented and is located ideally for Newcastle Helix, China Town and Newcastle Business School, comprises of an open plan living and kitchen area with integrated appliances, Juliet balcony, two double bedrooms, bathroom with mains powered shower over bath and utility cupboard housing washing machine and electric powered boiler. The property also benefits from a secure parking space, which could be rented to achieve additional income.

Agent Details

Seekers, Newcastle Upon Tyne

0191 649 7007

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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