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2 bedroom flat for sale

Jefferson Place, Newcastle Upon Tyne, NE4

PROPERTY TYPE

Flat

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Description

Property Overview

This well-proportioned two-bedroom first-floor flat presents an excellent opportunity for both investors and owner-occupiers. Situated in a popular and well-connected area of West Newcastle, the property offers comfortable living space with strong rental demand and future growth potential.

The accommodation briefly comprises:

A bright and spacious living room, ideal for relaxing or entertaining

Two well-sized bedrooms, suitable for sharers, couples or small families

A functional fitted kitchen with ample storage and workspace

A bathroom with modern fittings

Practical layout with good natural light throughout

The property benefits from a solid construction, manageable running costs and an EPC rating of C (75), making it efficient and appealing to tenants.

Investment Highlights

Asking price: £91,000
Service charge: £480.00pa

Current rental income: £490 pcm (£5,880 per annum)

Current gross yield: approx. 5.9%

Potential rental income: £675 pcm (£8,100 per annum)

Potential gross yield: approx. 8.37%

With scope to increase rent to market level, this property offers an attractive opportunity to enhance returns through light refurbishment or re-letting.

The 123-year lease provides long-term security for investors and mortgage lenders, and the flat type remains in high demand within the NE4 postcode.

Why It's a Great Place to Live

Jefferson Place is located just over a mile from Newcastle City Centre, making it ideal for commuters, professionals and students. The area benefits from:

Excellent bus and transport links into the city centre and surrounding areas

Close proximity to local shops, supermarkets, cafes and services

Easy access to universities, hospitals and major employers

Nearby parks and green spaces, including Leazes Park

The neighbourhood is vibrant and diverse, offering a strong sense of community while maintaining the convenience of city living.

Summary

39 Jefferson Place is a well-located, affordable two-bedroom flat offering:

Strong current and potential rental yields

Long lease length (over 100 years)

EPC C rating for energy efficiency

High tenant demand location

Excellent value at £91,000

An ideal purchase for buy-to-let investors, first-time buyers, or those seeking a low-maintenance property with long-term potential.

LET PURE INVESTOR TAKE THE STRAIN AWAY .....
We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio. From London to Lancaster, from Cardiff to Colchester, we offer a fully managed service for landlords looking to minimise costs and maximise efficiency across their portfolio.
Fully managed lettings and property management service

Comprehensive coverage throughout England and Wales

One team, one fee across your full portfolio

Rental income protection available

Transfer your existing properties quickly and easily

If you would like to find out more about our lettings and property management service, or would like to find out how much we can save you each month, why not contact our team today on Tel: to find out more
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

Jefferson Place, Newcastle Upon Tyne, NE4

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About Pure, Manchester

The Lightwell, 61-63 Brown Street Manchester M2 2JG

Having sold investment properties for almost 14 years, Pure Investor is today one of the most established and recognisable property investment consultancies in the UK. Our commitment to the very highest levels of customer service has resulted in Pure Investor now being rated 4.9 out of 5.0 'Excellent' on Trustpilot.

Thinking Of Investing In Property In The UK?

We offer one of the UK widest portfolio's of investment properties available. From traditional, residential buy-to-let properties and purpose built student accommodation, through to market leading off-plan developments in locations including Manchester, London, Birmingham and many more destinations throughout the UK.

Our focus is genuinely consultative, and regardless of whether you're a first time property investor or an institution, we aim to assist our clients in achieving their long term investment goals through property. Many of our client have worked with Pure Investor for many years, both purchasing and selling their investment properties through us.

Thinking Of Selling?

We're one of the UK's leading providers of tenanted buy-to-let properties, and as such if you are considering selling your investment property, but are not sure how to sell with tenants in situ, why not contact our team today to find out about our specialist resales service? We have a global network of property investors who are proactive in purchasing tenanted properties to add to their current portfolios.

Thinking Of Renting Your Property Out?

We have one of the regions fastest growing lettings portfolios, and our full service property management and lettings service is specifically designed to cater for the demands of more established landlords operating throughout the North West of England.

Regardless of whether you are looking to invest in property, or sell your buy-to-let, why not give our team of experienced property consultants a call today to find out more about our services?

We look forward to speaking with you!

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£415
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 39-Jefferson-Place-NE45DD. 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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