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2 bedroom flat for sale
Leazes Court, Barrack Road, Newcastle Upon Tyne NE4
£119,950
Leazes Court, Barrack Road, Newcastle Upon Tyne NE4
£119,950
Our Summary
- 6% (based on asking price of £124,950)This is a ready-made investment opportunity offering immediate rental income, professional tenants in situ, and minimal ongoing management requirements
Description
Bowson presents a fantastic investment opportunity with this well-presented second-floor apartment, located on the cusp of Newcastle city centre. The property boasts two double bedrooms, a spacious lounge with office space, a modern kitchen, and a stylish bathroom. With a current tenancy in place until February 2026, investors can enjoy immediate rental income and minimal ongoing management requirements. The apartment is undergoing a full roof replacement, adding long-term value to the property. With excellent access to transport links, local amenities, and key institutions, this property is perfectly suited for mature students or professionals seeking a well-located and turnkey property. The estimated gross yield is approximately 8.6%, making it an attractive investment opportunity for those seeking strong yields and long-term rental demand.