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2 bedroom flat for sale
Jesmond, Newcastle Upon Tyne NE2
£178,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity, currently occupied by a tenant who has been paying rent for over a year and has no intention of moving out. The property is conveniently located just a 5-minute walk from West Jesmond Metro station and Osborne Road, with easy access to a lively mix of bars, restaurants, and shops. It features a lounge, kitchen, three-piece bathroom, and two bedrooms, as well as secure, gated parking and lift access. The current annual gross income is £11,160, which could be increased to £13,524 with a market rate rent. With excellent local transport links and a prime location, this property is perfect for working professionals seeking comfort, convenience, and a vibrant lifestyle.