Offers over
£190,000
(£256/sq. ft)
2 bed flat for saleTavistock Road, Jesmond, Newcastle Upon Tyne NE2
2 beds
1 bath
1 reception
743 sq. ft
EPC Rating: D
About this property
Residential Investment
Buy to Let
Potential Investment Opportunity
Or Available No Onward Chain
Yield of around 7.9%
Off Street Parking
Boiler Replaced February 2023
Desirable location
Additional Utility room
Epc D
Council Tax Band B
Super Investment!
Situated in the heart of Jesmond, this well-presented two-bedroom ground floor flat offers an excellent opportunity for investors, first-time buyers, or professionals seeking a home in one of Newcastle's most sought-after locations.
Ideally positioned within easy reach of both Newcastle University and Northumbria University, the property is surrounded by an excellent range of cafés, bars, restaurants, and local amenities. West Jesmond Metro Station and Newcastle City Centre are also within comfortable walking distance, making this an exceptionally convenient location.
The accommodation briefly comprises an entrance hallway, spacious lounge, fitted kitchen, two generous double bedrooms, a useful utility room, and a well-appointed bathroom with shower over bath. Externally, the property benefits from a private rear yard with off-street parking accessed via a shutter door.
The property is currently let at £135 per person per week from 12th August 2025, generating an income of £1,170 per calendar month until August 2026, equating to an approximate 7.3% gross yield based on the asking price. There is potential for an increase in rental income upon reletting, offering investors the opportunity to enhance future returns.
Further benefits include upgraded double-glazed windows installed in 2021 and a gas boiler fitted in February 2023, supplied with a five-year warranty and recently serviced.
Offered for sale with no onward chain, this is a fantastic opportunity to acquire a property in a consistently high-demand rental location with strong investment credentials and long-term appeal.
Early viewing is highly recommended.
Lease Information
We have been advised by the vendor that the property is held on a South Tyneside Lease with a term of 189 years from 1982. Interested parties should seek verification of the lease details, ground rent, service charges, and remaining lease term through their solicitor prior to exchange of contracts.
Mortgage calculator
£950 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.
More information
Tenure
Leasehold (146 years)
Service charge
Council tax band
B
Ground rent
Ground rent date of next review



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