2 bed flat for sale

Tavistock Road, Jesmond, Newcastle Upon Tyne NE2

Investment opportunity | £1,170pcm until Aug 2026 | 7.3% yield | Prime Jesmond location

A superb ready-made investment opportunity in one of Newcastle’s most sought-after locations.

This well-presented two-bedroom ground floor flat is ideally positioned in the heart of Jesmond, within easy reach of both Newcastle and Northumbria Universities. The area is a consistent favourite with students and young professionals, offering a vibrant mix of shops, cafés, bars, and restaurants, with West Jesmond Metro Station and the City Centre both within walking distance.

Currently let at £135 per person per week from 12th August 2025 on a fixed-term Assured Shorthold Tenancy, the property produces £1,170 per calendar month until August 2026, delivering a 7.3% gross yield based on the asking price.

It benefits from a long lease of 189 years from 1982, a new boiler installed in February 2023 with a five-year warranty, and upgraded windows fitted in 2021.

The accommodation includes an entranceway, spacious lounge, fitted kitchen, two double bedrooms, a useful utility room, and a generous bathroom with a shower over the bath. Externally, the property features a private rear yard with off street parking via shutter door.

With its secure tenancy, excellent presentation, and prime Jesmond location, this is an ideal hands-off investment offering both immediate income and long-term appeal.