2 bedroom flat for sale

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2 bedroom flat for sale

Leazes Court, Barrack Road, Newcastle Upon Tyne NE4
£124,950

Our Summary

  • This is a ready-made investment opportunity offering immediate rental income, professional tenants in situ, and minimal ongoing management requirements

Description

This well-presented second-floor apartment is located on the edge of Newcastle city centre, offering a fantastic opportunity for both residential buyers and investors. The property features two double bedrooms, a spacious lounge with an office or study space, a contemporary kitchen, and a stylish bathroom. Additional features include ample internal storage and permit parking. The apartment is currently tenanted until February 2026, providing a ready-made investment opportunity with immediate rental income and minimal ongoing management requirements. The estimated gross yield is approximately 8.6%, making it an attractive option for investors seeking strong yields and long-term rental demand. The property is also undergoing a full roof replacement, adding long-term value and peace of mind.