2 bedroom flat for sale

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2 bedroom flat for sale

Tavistock Road, Jesmond, Newcastle Upon Tyne NE2
£190,000

Our Summary

  • Investment opportunity | £1,170pcm until Aug 2026 | 7
  • 9% | Prime Jesmond locationA superb ready-made investment opportunity in one of Newcastle’s most sought-after locations
  • Investment Opportunity

Description

This is a prime investment opportunity in Jesmond, Newcastle, offering a 7.3% gross yield based on the asking price. The two-bedroom ground floor flat is currently let until August 2026, producing £1,170 per calendar month. With a long lease of 189 years, the property benefits from a new boiler installed in 2023 and upgraded windows in 2021. The flat is located in the heart of Jesmond, within walking distance to West Jesmond Metro Station and the City Centre, making it an ideal location for students and young professionals. The property is presented in excellent condition and features a private rear yard with off-street parking, making it a hands-off investment opportunity with both immediate income and long-term appeal.