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Minimum Yield

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Bedrooms

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Property ID: 217038526
Potential Monthly Income
£650
Potential Yield
13.3%
Tenancy status
Vacant
CapitalAppreciation
+5.0%
Exclusive Investment Grade Opportunity

Our latest listing is a 2 bedroom flat in the heart of Newcastle Upon Tyne. Nestled in a city center location, this property offers easy access to transportation links and a range of local amenities. It’s an ideal opportunity for first-time buyers or investors seeking a solid investment in real estate.


This well-maintained home is currently vacant and features 2 bedrooms, three-piece bathroom, lounge and kitchen.


If you’re interested in this property, please don’t hesitate to contact us.


Let Property is committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Cash Purchase
Mortgage
Purchase Price
Assumed purchase price based on home report value
Stamp Duty Tax
Est. Legal Fees
Monthly Running Costs
Calculated Returns
Capital appreciation calculated based on location, property type, and market value. Learn more
Current Rent
Potential Rent
Purchase Costs
Net Rental Income0/mo
Monthly Capital Appreciation/mo
Total Net Returns/mo
Total ROI
Current Monthly Rent
£- pcm
Current Rental Yield
-
Potential Market Value Rent
£650 pcm
Potential Rental Yield
13.3%
Estimated Monthly Capital Appreciation
£246
Area Capital Appreciation Rate
+5.0%

Property Checks

Property Tenure

Verified as Leasehold with 104 years on lease

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

EPC

EPC documentation has been provided to Let Property and has been Verified.

Council Tax Band

Council Tax Band: A

Interactive street-level view of the property location and surrounding area.

Ground Rent
£20.33
Factor Fees/Running Costs
£203
Total Estimated Costs
£223.32999999999998
EPC Rating
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EPC Documents
Floor plans
Floor plan 1
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Yearly Net Profit
Current Yearly Rent
£0
Annual Capital
Appreciation
£1,180
Yearly Ground Rent
£243.96
Yearly Factor Fee /
Service Charge
£2,436
Other Yearly Costs
None
Indicated
Annual Net Returns
£1,499.96