2 bedroom flat for sale

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2 bedroom flat for sale

Connaught Mews, Newcastle Upon Tyne, NE2
£170,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Newcastle Upon Tyne is an attractive investment opportunity, with a current tenant in residence and strong potential for rental returns. The property features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, and benefits from secure parking and lift access. Located just a 5-minute walk from West Jesmond Metro station and Osborne Road, it offers easy access to a lively mix of bars, restaurants, and shops. The current annual gross income is £11,160, which could be increased to £13,524 with market-rate tenants. The property is ideal for working professionals seeking comfort, convenience, and a vibrant lifestyle, and is a worthwhile addition to an investor's portfolio. With a current tenant committed to staying, the property is ready for a new owner to take over and benefit from a smooth transaction process.