Property Details

2 bedroom apartment for sale For Sale

The Chare, Newcastle upon Tyne, Tyne and Wear, NE1

£155,000

ROI = 11% BMV = -14.18%

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Description

Everbest Properties are delighted to present this exceptional investment opportunity in the heart of Newcastle City Centre. With a tenant in situ until September 2025, this property offers a gross rental return of 7.7%, making it an attractive proposition for investors.The apartment is ideally located just moments from the RVI Hospital, Medical School, St. James' Park Stadium, and Newcastle University. It is also within walking distance of Eldon Square Shopping Centre, Northumbria University, and Newcastle Central Station, offering unparalleled convenience and accessibility.<span style="font-size:0.875rem;letter-spacing:0.01em">Situated on the top floor, the property benefits from both stair and lift access. The interior boasts two generously sized double bedrooms, a spacious and contemporary open-plan lounge, kitchen, and dining area filled with natural light, and a stylish bathroom featuring both a bathtub and a separate shower cubicle.</span>Externally, the property includes an allocated parking space and access to a communal garden for residents to enjoy. This is a fantastic opportunity to acquire a high-performing investment property in a prime city-centre location. Leasehold - 86 Years Remaining Service Charge - £3,322paGround Rent - £50pa

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