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Offers over

£175,000

2 bed flat for sale
Citygate, Bath Lane, Newcastle Upon Tyne, Tyne And Wear NE1

    • 2 beds

    • 2 baths

    • 1 reception

  • EPC Rating: C

Leasehold
Reduced on 06/05/2025

About this property

  • Investors or Homebuyers

  • Second Floor Apartment

  • Two Double Bedrooms

  • Tenanted until Sept 2025

  • 8.6% Gross Yield

  • Ensuite To Master Bedroom

  • Central Location

  • Allocated Parking Space

  • Council Tax Band D

  • EPC Rating C

This contemporary 2-bedroom apartment in the heart of Newcastle city centre is a fantastic opportunity for both investors and homebuyers seeking modern city living. The property boasts a spacious master bedroom with an ensuite shower room, a well-proportioned second bedroom, and a stylish family bathroom with a shower over the bath. The bright and airy open-plan living area creates an inviting space for both relaxation and entertaining.

Additional benefits include electric heating throughout and the rare advantage of allocated parking, a highly desirable feature in the city centre. Currently tenanted until Sept 2025 with an annual rental income of £15,000, the apartment offers immediate investment potential.

Ideally positioned close to Eldon Square Shopping Centre, Central Train Station, and both Newcastle and Northumbria Universities, this property provides the perfect blend of convenience, comfort, and investment appeal.

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Monthly repayment

£875 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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