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2 bedroom flat for sale
Leazes Court, Barrack Road, Newcastle Upon Tyne
£119,950
Leazes Court, Barrack Road, Newcastle Upon Tyne
£119,950
Price History
Initial price | £124,950 |
16/10/25 | £119,950 |
Price Change | -4.00% |
Description
This well-presented second-floor apartment is a fantastic opportunity for both residential buyers and investors, located on the cusp of Newcastle city centre. The property features two spacious double bedrooms, a lounge area with an adjoining office or study space, a contemporary kitchen with multiple appliances, and a stylish bathroom. Additional features include ample internal storage and permit parking. The apartment is currently tenanted until February 2026, offering a ready-made investment opportunity with immediate rental income and minimal ongoing management requirements. The property is undergoing a full roof replacement, adding long-term value and peace of mind. With a estimated gross yield of approximately 8.6%, this is an ideal investment opportunity for those seeking strong yields and long-term rental demand.