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2 bedroom apartment for sale
Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3
£55,000
Park Avenue, Gosforth, Newcastle upon Tyne, Tyne and Wear, NE3
£55,000
Price History
Initial price | £70,000 |
04/02/25 | £55,000 |
Price Change | -21.43% |
Description
This two-bedroom flat is a purpose-built ground floor property situated near Wansbeck Road Metro Station and Gosforth amenities. Currently rented out at £515 per calendar month, it generates a gross yield of 11.2% (projected open-market rent £625pcm / projected gross yield 13.6%). The flat features a private entrance hall, living room/dining room, kitchen, two double bedrooms, and a shower room, all equipped with double glazing and electric heating. With a council tax band of A, this property offers a solid investment opportunity or a great place to live.