Newcastlle, Newcastle NE1 4 bed flat for sale

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Newcastlle, Newcastle NE1 4 bed flat for sale

Hanover Street, Newcastlle, Newcastle, NE1 3AD
£385,000

Our Summary

  • Investment Opportunity; Two Luxury Apartments, Hanover Mill, Newcastle QuaysideOffers Around £385,000 | Gross Yield 7

Description

This exceptional investment opportunity presents a pair of luxury two-bedroom, two-bathroom apartments in the highly sought-after Hanover Mill development on Newcastle's iconic Quayside. The apartments boast panoramic views of the River Tyne and the Quayside, combining modern design with unbeatable location appeal. With floor-to-ceiling windows and stylish, fully fitted kitchens, these apartments offer spacious living areas ideal for professionals and students alike. With 100% occupancy since development and proven rental demand, the combined rental income is £25,800 per annum, providing a gross yield of approximately 7.2%. The apartments are situated within walking distance to Newcastle city centre, with a wide range of amenities, bars, restaurants, and transport links nearby, making it an ideal long-term investment for those seeking reliable returns in a high-demand area.