Temple Street, City Centre, Newcastle Upon Tyne, NE1
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
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Key features
- Fully occupied 7-property portfolio (11 rooms)
- Gross annual rental income: £86,520
- Prime Newcastle city centre locations
- Mix of 1, 2, and 3-bedroom apartments
- Turnkey investment with immediate rental income and strong growth potential
- Potential gross yield 10.3% (after rent increases)
- Gross yield: 8.9%
Description
A rare opportunity to acquire a fully occupied 7-property portfolio in Newcastle city centre, comprising 11 rooms across high-demand locations. The portfolio generates a gross annual rental income of £86,520 (before expenses) with a gross yield of 8.9%.
Portfolio Includes:
- 3 × 1-bedroom apartments - City Gate, St James' Blvd, NE1 4DL
- 1 × 2-bedroom apartment - The Chare, NE1 4DD
- 1 × 2-bedroom apartment - The Open, NE1 4DB
- 1 × 1-bedroom apartment - The Paintworks, Rutherford St, NE4 5DP
- 1 × 3-bedroom apartment - Peel House, Temple Street, NE1 4BP
Key Features:
- All properties fully occupied with immediate rental income
- Prime city centre locations with strong tenant demand
- Excellent potential for capital growth
- Turnkey investment with diversified property mix
- Potential to increase rents to achieve gross yield 10.3%
This portfolio offers a high-yield, low-maintenance investment in Newcastle's thriving rental market - ideal for buy-to-let investors seeking income and long-term growth.
*All relevant documentation, including EPCs, tenancy agreements, and safety certificates, is available upon request.*
Tenure: Leasehold
Brochures
Brochure- 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
Temple Street, City Centre, Newcastle Upon Tyne, NE1
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About Property Talk Management, Newcastle-Upon-Tyne
444 West Road, Fenham, Newcastle Upon Tyne, NE5 2ERAffordability
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Visit our security centre to find out moreDisclaimer - Property reference RS0634. 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 Property Talk Management, 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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