Property Details
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Everbest Properties are pleased to present this outstanding investment opportunity, ideally positioned near the RVI Hospital and Medical School, making it highly desirable to students, healthcare professionals, and academics. Its prime location also places it within walking distance of Newcastle's prestigious universities, Eldon Square Shopping Centre, and Newcastle Central Station, offering exceptional convenience and connectivity.
With a tenant in place until October 2025, the property delivers an impressive gross rental yield of 7.7%, making it an excellent choice for investors seeking a high-performing opportunity.
Situated on the ground floor, the apartment boasts a thoughtfully designed interior featuring two generously proportioned double bedrooms, a bright and contemporary open-plan lounge and kitchen, a modern shower room, and ample storage throughout.
Externally, the property benefits from an allocated parking space, adding to its appeal.
Leasehold - 189 years remaining
Service Charge - £1,045pa
Ground Rent - £50pa
- Investment Opportunity
- Ground Floor Apartment
- Two Double Bedrooms
- Tenanted Until Oct 2025
- £10,800pa Rental Income
- Large Open Plan Lounge & Kitchen
- Close To RVI Hospital
- Allocated Parking Space
- Council Tax B
- EPC Rating C