Jesmond, Newcastle Upon Tyne NE2 2 bed flat for sale

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Jesmond, Newcastle Upon Tyne NE2 2 bed flat for sale

Jesmond, Newcastle Upon Tyne NE2
£178,000

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)

Description

This 2-bedroom flat in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities, with a tenant already in residence, and currently produces an annual gross income of £11,160. With potential to increase this income to £13,524, this property has strong potential for rental returns. The flat features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, as well as secure, gated parking and convenient lift access. Its prime location, just a 5-minute walk from West Jesmond Metro station and off Osborne Road, offers easy access to a lively mix of bars, shops, and cafes, making it an ideal choice for working professionals. With excellent local transport links and a sought-after location, this property is perfect for those seeking comfort, convenience, and a vibrant lifestyle.