Leazes Court, Barrack Road, Newcastle Upon Tyne
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
753 sq ft
70 sq m
Key features
- Rental Income: £895.00 PCM / £10,740 PA
- Tenanted Two Professionals - 4th February 2025 – 3rd February 2026
- Estimates Yield Return 8%
- Two Double Bedrooms With additional Study/Office
- Well Presented Throughout
- Currently Managed By Bowson
- Council Tax Band A
- EPC Rating C
- Superb Location Close To City Centre!
- Attention Investors.. Arrange Your Viewing Today!
Description
Bowson are delighted to welcome to the sales market this well-presented second-floor apartment, ideally located on the cusp of Newcastle city centre.
The property offers a fantastic opportunity for both residential buyers and investors alike, with excellent access to transport links, local amenities, leisure facilities, and key institutions including St James’ Park, universities, and hospitals.
Internally, the apartment comprises two generously sized double bedrooms, a spacious lounge area with the added benefit of an adjoining office or study space, a contemporary kitchen with multiple appliances, housing a combi boiler, and a stylish bathroom featuring a stand-alone tub with shower over.
Additional features include ample internal storage and permit parking.
The apartment is currently undergoing a full roof replacement, offering peace of mind and adding long-term value to the property.
This home is perfectly suited to mature students or professionals seeking a well-located and turnkey property in a thriving urban setting.
Investor Information
Tenancy Type: Assured Shorthold Tenancy (AST)
Let Basis: Fully furnished
Rental Income: £895 per calendar month / £10,740 per annum
Tenancy Term: 4th February 2025 – 3rd February 2026
Estimated Gross Yield: Approximately 8.6% (based on asking price of £124,950)
This is a ready-made investment opportunity offering immediate rental income, professional tenants in situ, and minimal ongoing management requirements.. ideal for investors seeking strong yields and long-term rental demand.
Property Information
Tenure: Leasehold
Lease Details: 125 years from 11th March 1991 (Approx. 91 years remaining)
Service Charge: Approximately £326 per annum
Ground Rent: £10 per annum
Managing Agent: Your Homes Newcastle
Roof Works: Full roof replacement currently underway (significant capital improvement)
Call Bowson to arrange your viewing of this superb apartment!
EPC Rating C
Council Tax Band A
Brochures
Leazes Court, Barrack Road, 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.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Leazes Court, Barrack Road, Newcastle Upon Tyne
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Visit our security centre to find out moreDisclaimer - Property reference 33962742. 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 Bowson, Jesmond. 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.
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