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2 Bed Flat, Potential PLO/LOA, Newcastle upon Tyne, NE4 8DJ £110,000

ST. JOHNS MEWS, 312 Elswick Road, Newcastle Upon Tyne, Tyne And Wear, NE4 8DJ - a month ago
  1. Deal Search
  2. Newcastle Upon Tyne
  3. NE4
  4. NE4 8DJ
Leasehold
Negative Equity
55 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Newcastle Upon Tyne
  • More Deals in NE4
  • More Negative Equity Deals
  • More Negative Equity Deals in Newcastle Upon Tyne
  • More Negative Equity Deals in NE4

Property History

Price changed to £110,000

November 23, 2025

Price changed to £115,000

November 19, 2025

Listed for £130,000

-27%

November 6, 2025

Sold for £165,000

2006

Floor Plans

Description

  • Street Parking +
  • Private Garden (front only) +
  • Buy-to-Let Opportunity +
  • Long Term Tenant Currently Situated +
  • Likely to attract enquiries from Serious Investors & Developers +
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack) +

Our latest listing is a 2 bedroom Flat located in Newcastle Upon Tyne. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

This well-kept home features 2 comfortable bedrooms, 1 modern bathroom, a spacious living room, front private garden, and on-street parking.

Investment details

It currently produces an annual gross income of £8,400 with tenants currently situated. Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so 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.

Agent Details

Let Property Sales & Management, Glasgow

0141 673 7973

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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