Tavistock Road, Jesmond, Newcastle Upon Tyne
- PROPERTY TYPE
Flat
- BEDROOMS
2
- BATHROOMS
1
- SIZE
743 sq ft
69 sq m
Key features
- Investment Opportunity
- Rented until August 2026
- 7.3% Yield increasing to 7.9% (Proposed)
- Off Street Parking
- New Boiler February 2023!
- Desirable location
- Additional Utility room
- Epc D
- Council Tax Band B
- Super Investment!
Description
A superb ready-made investment opportunity in one of Newcastle’s most sought-after locations.
This well-presented two-bedroom ground floor flat is ideally positioned in the heart of Jesmond, within easy reach of both Newcastle and Northumbria Universities. The area is a consistent favourite with students and young professionals, offering a vibrant mix of shops, cafés, bars, and restaurants, with West Jesmond Metro Station and the City Centre both within walking distance.
Currently let at £135 per person per week from 12th August 2025 on a fixed-term Assured Shorthold Tenancy, the property produces £1,170 per calendar month until August 2026, delivering a 7.3% gross yield based on the asking price, marketing will soon commence at £1,250pcm representing a 7.9% yield.
It benefits from a long lease of 189 years from 1982, a new boiler installed in February 2023 with a five-year warranty, recently serviced 06/10/26 and upgraded windows fitted in 2021.
The accommodation includes an entranceway, spacious lounge, fitted kitchen, two double bedrooms, a useful utility room, and a generous bathroom with a shower over the bath. Externally, the property features a private rear yard with off street parking via shutter door.
With its secure tenancy, excellent presentation, and prime Jesmond location, this is an ideal hands-off investment offering both immediate income and long-term appeal.
Brochures
Tavistock 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- 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
Tavistock Road, Jesmond, Newcastle Upon Tyne
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Visit our security centre to find out moreDisclaimer - Property reference 34161411. 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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