2 bed flat for sale

Glenthorn Road, Newcastle Upon Tyne, Tyne And Wear NE2

Superb 2-Bedroom Ground Floor Investment, Newcastle Upon Tyne

Presenting a fantastic investment opportunity, this two-bedroom ground floor apartment on Glenthorn Road, Newcastle Upon Tyne, Tyne and Wear, NE2 3HN, is now available for sale with offers over £230,000. This property is ideally positioned for investors seeking a reliable income stream, being currently tenanted until Summer 2027 and generating a substantial £16,200 per annum. There is also significant scope to further increase this rental income.

The apartment features two well-proportioned bedrooms, one reception room, and two bathrooms, providing comfortable living spaces. Its ground floor location offers convenient access, a desirable feature for many tenants. The property's layout is practical and functional, designed to maximise space and light.

Glenthorn Road benefits from a superb location, particularly appealing to students due to its proximity to local universities and amenities. Newcastle Upon Tyne is a vibrant city with a strong rental market, driven by its educational institutions, thriving city centre, and excellent transport links. This makes properties in areas like Glenthorn Road highly sought after by both students and young professionals.

Investing in this property means acquiring a ready-made income stream with a secure tenancy in place for the next year and a half. The 'no onward chain' status further simplifies the purchasing process, allowing for a smoother and quicker transaction. This eliminates potential delays often associated with property chains, making it an attractive proposition for serious investors.

While photos are currently unavailable, they will be added shortly to showcase the apartment's interior and features. Prospective buyers are encouraged to register their interest early to avoid missing out on this prime investment. The combination of a strong rental yield, a desirable location, and the potential for future growth makes this apartment a compelling addition to any property portfolio.

Newcastle Upon Tyne offers a wealth of amenities, including diverse shopping options, a vibrant nightlife, cultural attractions, and numerous parks and green spaces. The city's transport network is comprehensive, with excellent bus services and a metro system connecting various parts of the city and beyond. This accessibility enhances the property's appeal to tenants, ensuring continued demand.

This property represents a solid and straightforward investment. With its established tenancy and attractive yield, it provides an immediate return on investment. The potential to increase the rental income further adds to its long-term value. Do not miss this exceptional chance to secure a valuable asset in a highly desirable Newcastle Upon Tyne location.