>
Regency Court, Osborne Road, Jesmond... 2 bed flat for sale
Regency Court, Osborne Road, Jesmond, Newcastle upon Tyne
£200,000
Regency Court, Osborne Road, Jesmond, Newcastle upon Tyne
£200,000
Our Summary
- INVESTMENT OPPORTUNITY - CURRENTLY LET AT £14,400 PER ANNUM - GROSS YIELD 7
- 0m2) | 20ft Lounge | Kitchen | Bathroom | Investment Opportunity | Currently Let at £14,400 Per Annum | Gross Yield 7
Description
This two-bedroom ground floor flat on Osborne Road, Jesmond, is an investment opportunity currently generating £14,400 per annum in rental income, yielding 7.2% gross. The property is conveniently located near West Jesmond Metro Station and offers easy access to Jesmond's shops, cafes, and restaurants. With a floor area of 721 sq ft, the flat features a 20ft lounge, kitchen, and bathroom, and is available on a leasehold basis with a share of freehold. The service charge is ad-hoc and the property is in Council Tax Band C. With an EPC rating of D, this property presents a great opportunity for investors looking to capitalize on the growing demand for rental properties in this popular area.