Quayside, Newcastle Upon Tyne, NE1
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
2
- SIZE
763 sq ft
71 sq m
Key features
- Buy-To-Let Investment Opportunity
- Two Bedroom Two Bathroom Apartment
- Gross Yield Of 8.3%
- Annual Rental Income Of £15,000
- Parking & Balcony Included
- Popular Rental Location
Description
A rare opportunity to acquire a fully tenanted, high-yield 2-bedroom, 2-bathroom leasehold apartment in one of Newcastle's most sought-after riverside developments - St Ann's Quay. Located directly on the Quayside with views over the River Tyne, this modern apartment is ideal for investors seeking a turnkey asset with strong fundamentals.
Viewings of this property are available; however, please note the property is tenanted and we need to respect the tenants' right to a peaceful environment. As such, we will require proof of funds from all parties before booking a viewing appointment. On receipt of the above, we will then arrange access*
Investment Highlights
* Price: £180,000
* Rental Income: £1,250 PCM / £15,000 PA
* Gross Yield: Approx. 8.3%
* Tenancy In Place: Until 30/04/2026
* Managing Agent: GF White, Newcastle - No management fees currently paid
Property Features
* Property Type: Leasehold Apartment
* Bedrooms: 2
* Bathrooms: 2
* Parking: 1 allocated space
* Outdoor Space: Balcony + Internal courtyard/garden access
* Condition: Excellent
* Tenancy: Fully let, no arrears, no complaints
Building Safety Works - Significant Future Value
In 2023, the building secured £4 million+ in Government Building Safety Funding to replace combustible cladding and balcony decking.
* Completion Date: July 2025
* Post-Works Rating: Category A (Low-Risk Fire Rating)
* Futureproof Investment: Enhanced market value & insurability post-remediation
* EWS1: Required, expected to be granted upon project completion
Leasehold Information
* Lease Remaining: 979 years
* Ground Rent: £250 p.a.
* Service Charge: £4,400 p.a. (with potential to decrease post-cladding works)
* Net Yield: 5.75%
* HMO Licence: Not required
* Qualifying Landlord Certificate: Not required
Location Benefits
* Situated on Newcastle's iconic Quayside, steps from bars, restaurants, the River Tyne, and cultural landmarks
* Strong tenant demand from professionals, graduates, and corporate renters
* Excellent transport links via Central Station and local bus routes
- 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.
- Ask agent
- 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.
- Yes
- 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
Energy performance certificate - ask agent
Quayside, Newcastle Upon Tyne, NE1
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Visit our security centre to find out moreDisclaimer - Property reference 12-St-Anns-Quay-Newcastle-Upon-Tyne. 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 Pure, Manchester. 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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