Jesmond, Newcastle Upon Tyne NE2 2 bed flat for sale

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Jesmond, Newcastle Upon Tyne NE2 2 bed flat for sale

Jesmond, Newcastle Upon Tyne NE2
£146,500

Price History

Initial price £190,000
04/06/25 £185,000
15/07/25 £178,000
06/08/25 £175,000
02/09/25 £170,000
18/09/25 £165,000
24/09/25 £160,000
30/10/25 £155,000
29/11/25 £150,000
09/12/25 £146,500
Price Change -22.89%

Description

This 2-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity, offering strong potential for rental returns and currently occupied by a tenant. The property is conveniently located just a 5-minute walk from West Jesmond Metro station and Osborne Road, with its vibrant mix of bars, restaurants, and shops. The flat features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, as well as secure, gated parking and lift access. The current tenant has been in residence for over a year and has consistently paid rent, with the potential to increase the annual gross income from £11,160 to £13,524 with a market rate rental. With excellent local transport links and a prime location, this property is perfect for working professionals seeking comfort, convenience, and a vibrant lifestyle.