This is a fantastic investment opportunity in the heart of Jesmond, Newcastle, offering a 7.3% gross yield based on the asking price. The two-bedroom ground floor flat is currently let on a fixed-term Assured Shorthold Tenancy until August 2026, producing £1,170 per calendar month. With a long lease of 189 years from 1982, the property benefits from a secure tenancy and excellent presentation, including a new boiler installed in 2023 and upgraded windows in 2021. The property is situated in a prime location, within walking distance to West Jesmond Metro Station and the City Centre, and is surrounded by a vibrant mix of shops, cafes, bars, and restaurants. With its excellent yield and long-term appeal, this is an ideal hands-off investment opportunity for investors looking for a reliable income stream.