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Jesmond, Newcastle Upon Tyne NE2 2 bed flat for sale
Jesmond, Newcastle Upon Tyne NE2
£190,000
Jesmond, Newcastle Upon Tyne NE2
£190,000
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, offering strong potential for rental returns and currently occupied by a tenant. The property features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, as well as secure, gated parking and lift access. Located just a 5-minute walk from West Jesmond Metro station and off Osborne Road, it offers easy access to a lively mix of bars, restaurants, and shops. The current tenant has been in residence for over a year and has consistently paid rent, with the potential to increase the annual gross income to £13,524 with a market-rate tenant. With excellent local transport links and a prime location, this property is perfect for working professionals seeking comfort, convenience, and a vibrant lifestyle.