£295,000
3 bed flat for saleOakland Road, Newcastle Upon Tyne NE2
3 beds
1 bath
1 reception
EPC Rating: D
Sold STC
About this property
First floor flat in the heart of Jesmond
3 bedrooms
Central location close to local amenities and transport links
Peppercorn Leasehold - 999 years from 10 August 1984
Achieving £140 per room per week
Approx 7.5% yield
Council Tax band B
EPC rating D
Sold subject to contract
An upper three-bedroom flat located in the popular area of West Jesmond, offering a fantastic opportunity for investors. Ideally positioned within walking distance of a wide range of local amenities, including shops, cafés, bars, restaurants, and excellent public transport links, this property provides convenient access to Jesmond, the city centre, and surrounding areas.
The accommodation briefly comprises a spacious lounge, three bedrooms, kitchen, and bathroom and rear yard.
The flat benefits from a history of successful letting, making it an appealing option for investors seeking a property with proven rental potential. The property is currently tenants achieving £21,840 per annum.
For further information, or to arrange a viewing please contact our Jesmond office on or email
Primary services supply
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas central heating
Broadband: Cable
Mobile Signal Coverage Blackspot: No
Parking: On street permit parking
Mining
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
An upper three-bedroom flat located in the popular area of West Jesmond, offering a fantastic opportunity for investors. Ideally positioned within walking distance of a wide range of local amenities, including shops, cafés, bars, restaurants, and excellent public transport links, this property provides convenient access to Jesmond, the city centre, and surrounding areas.
The accommodation briefly comprises a spacious lounge, three bedrooms, kitchen, and bathroom and rear yard.
The flat benefits from a history of successful letting, making it an appealing option for investors seeking a property with proven rental potential. The property is currently tenants achieving £21,840 per annum.
For further information, or to arrange a viewing please contact our Jesmond office on or email
Primary services supply
Electricity: Mains
Water: Mains
Sewerage: Mains
Heating: Gas central heating
Broadband: Cable
Mobile Signal Coverage Blackspot: No
Parking: On street permit parking
Mining
The North East region is famous for its rich mining heritage and therefore it will be beneficial to conduct a mining search. Confirmation should be sought from a conveyancer as to its effect on the property, if any.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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£1,475 per month
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