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2 bedroom apartment for sale
Kelvin Grove, Sandyford, Newcastle Upon Tyne NE2
£165,000
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
- Let until July 2026, the flat generates a rent of £754 per calendar month (with potential scope for future rent increases), and a gross yield of 5
Description
This is an investment opportunity to purchase a two-bedroom first-floor flat, located in a prime spot for access to Newcastle City Centre and local amenities in Sandyford. The property is currently let until July 2026, generating a rent of £754 per month, with potential for future rent increases, resulting in a gross yield of 5.4%. The flat features a private entrance, hallway, living room/dining room, kitchen, two bedrooms, bathroom, and utility, all equipped with modern amenities such as double glazing and gas central heating. The property also has a rear yard, making it an attractive option for investors and potential buyers.