2 bed flat for sale

Jesmond, Newcastle Upon Tyne NE2

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.

Let Property is 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.