3 bedroom apartment for sale

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3 bedroom apartment for sale

Osborne Terrace, Jesmond, Newcastle Upon Tyne NE2
£210,000

Our Summary

  • Hive Estates are delighted to welcome to the market this outstanding investment opportunity: a spacious, fully tenanted three bedroom duplex ideally positioned in the highly sough after area of Jesmond, Newcastle upon Tyne
  • Well established as a rental property in a prime student and professional location, this investment offers both attractive returns and long term capital growth potential

Description

This outstanding investment opportunity is a spacious, fully tenanted three-bedroom duplex in Jesmond, Newcastle upon Tyne. The property is well-established as a rental property in a prime student and professional location, generating an impressive annual rental income of £22,620, equivalent to a robust gross rental yield of 10.77%. The property boasts generous proportions throughout, with three well-sized double bedrooms, a large communal living and dining area, and a well-appointed kitchen. The property also benefits from a private parking space, a rare and desirable feature in this area. Jesmond is one of Newcastle's most popular rental hotspots, renowned for its lively atmosphere, excellent amenities, and superb transport links, ensuring strong and consistent rental demand year after year. With its prime positioning and attractive returns, this property is a fantastic choice for landlords seeking to expand their portfolio.