Sandyford Road, Jesmond, Newcastle Upon Tyne
- PROPERTY TYPE
Flat
- BEDROOMS
19
- BATHROOMS
19
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment opportunity
- Priced at £2.5 million, with an additional buyer fee of 2% plus VAT
- 19 self contained flats
- impressive rental income of £200,000pa
- Prime location
Description
The property consists of a block of 19 self contained flats.
Sandyford is renowned for its vibrant community, excellent amenities, and picturesque surroundings, making it a highly sought after area for both residents and investors alike. The property boasts an impressive rental income of £200,000 per annum, highlighting its potential for substantial returns. This financial aspect, combined with the area's popularity, makes it an attractive proposition for those looking to expand their investment portfolio.
Jesmond is celebrated for its charming streets, leafy parks, and a variety of shops, cafes, and restaurants, all contributing to a high quality of life. The area is well connected to the city center and beyond, ensuring easy access to all that Newcastle has to offer.
In summary, this property in Sandyford is not just a place to invest; it is an opportunity to secure a foothold in one of Newcastle's most desirable neighbourhoods. With its strong rental income and prime location, it is a prospect that should not be overlooked by investors.
Brochures
Sandyford Road, Jesmond, Newcastle Upon TyneBrochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Sandyford Road, Jesmond, Newcastle Upon Tyne
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About DEAN & CO ESTATES LIMITED, Newcastle Upon Tyne
Amethyst Road, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YLYour mortgage
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Visit our security centre to find out moreDisclaimer - Property reference 33625834. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DEAN & CO ESTATES LIMITED, Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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