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Jesmond, Newcastle Upon Tyne NE2 2 bed flat for sale
Jesmond, Newcastle Upon Tyne NE2
£185,000
Jesmond, Newcastle Upon Tyne NE2
£185,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and currently has a tenant in residence
- Please see the Let Property Pack linked below for greater details on this property's investment potential
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment potential detailed below (Let Property Pack)
Description
This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities, with a tenant already in residence and producing an annual gross income of £11,160. With the potential to increase the rent to a market rate of £13,524, this property offers a worthwhile addition to an investor's portfolio. The flat features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, as well as secure, gated parking and lift access. Its prime location in Jesmond, just a 5-minute walk from West Jesmond Metro station, offers easy access to a lively mix of bars, fine dining, boutique shops, and charming cafés, making it an ideal choice for working professionals. With excellent local transport links and a vibrant lifestyle, this property is perfect for those seeking comfort, convenience, and a desirable location.