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2 bedroom flat for sale
Tavistock Road, Jesmond, Newcastle Upon Tyne NE2
£190,000
Tavistock Road, Jesmond, Newcastle Upon Tyne NE2
£190,000
Our Summary
- Investment opportunity | £1,170pcm until Aug 2026 | 7
- 3% yield | Prime Jesmond locationA superb ready-made investment opportunity in one of Newcastle’s most sought-after locations
- Investment Opportunity
Description
This investment opportunity presents a well-presented two-bedroom ground floor flat in the heart of Jesmond, Newcastle, with a 7.3% gross yield based on the asking price. The property is currently let on a fixed-term Assured Shorthold Tenancy until August 2026, producing £1,170 per calendar month. The flat is situated in a prime location, close to universities, shops, cafes, and bars, with easy access to the city centre and public transport. The property benefits from a long lease, new boiler, and upgraded windows, and features a private rear yard with off-street parking. This is an ideal hands-off investment offering both immediate income and long-term appeal, with the potential for future capital growth in this sought-after area.