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Coniston Avenue, Newcastle Upon Tyne NE2 3 bed flat for sale
Coniston Avenue, West Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2 3HA
£235,000
Coniston Avenue, West Jesmond, Newcastle Upon Tyne, Tyne and Wear, NE2 3HA
£235,000
Our Summary
- Situated in the highly sought-after area of West Jesmond, Newcastle Upon Tyne, this first-floor three-bedroom flat offers an excellent investment opportunity
- Great investment opportunity
- Scope for further rent increases
Description
This first-floor three-bedroom flat in West Jesmond, Newcastle Upon Tyne, offers a rare investment opportunity with a guaranteed rental income until summer 2026. The property is currently let as a three-bedroom HMO, generating a steady income stream of £120 per person per week. The flat's practical layout features a comfortable reception room, a well-equipped kitchen, and three well-proportioned bedrooms with a shared bathroom. Its prime location on Coniston Avenue provides easy access to local amenities, transport links, and the vibrant social scene of Jesmond, making it an appealing choice for tenants, particularly students and young professionals. With its secure and private position on the first floor, this property is a great opportunity for investors looking to expand their portfolio.