2 bedroom apartment for sale

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2 bedroom apartment for sale

Kelvin Grove, Sandyford, Newcastle Upon Tyne NE2
£165,000

Our Summary

  • **Investment Opportunity**Two Bedroom First Floor Flat** A purpose built period flat well located for access to Newcastle City Centre and local Sandyford amenities
  • 67 per calendar month (with potential scope for future rent increases), and a gross yield of 5

Description

This is an investment opportunity for a two-bedroom first-floor flat in a period building, well-located for access to Newcastle City Centre and local amenities. The property is currently let until July 2026, generating a rent of £788.67 per month with a gross yield of 5.7%. The flat features a private entrance and hallway, a living room/dining room, kitchen, two bedrooms, bathroom, and utility room, all with double glazing and gas central heating. The property also includes a rear yard, making it a desirable and practical investment opportunity. Viewings are highly recommended to appreciate the property's potential.