Summary - 70, Kelvin Grove NE2 1RL
2 bed 1 bath Apartment
Purpose-built period flat near city centre and Sandyford amenities, ideal for rental portfolios.
Let at £754 PCM, gross yield circa 5.4%
A two-bedroom first-floor period flat in Kelvin Grove, well placed for Newcastle City Centre and Sandyford amenities. The property is currently let at £754 PCM, producing a gross yield of 5.4%, and suits investors targeting the strong student and young-professional rental market.
The layout is traditional with a private entrance and hallway, living/dining room, kitchen, two bedrooms, bathroom and a utility. The building's Victorian construction offers character and solid brick walls; the flat benefits from double glazing and gas central heating. A rear yard adds practical outdoor space.
Buyers should note some material points: tenure is not specified in the data provided, the solid-brick walls are assumed to have no insulation, and local crime is reported as above average. These factors could affect management costs, retrofit potential and appeal to long-term tenants. Council Tax Band A and an average overall size (682 sq ft) are also relevant for budgeting.
For an investor this is a straightforward, lettable asset in a cosmopolitan, student-oriented neighbourhood with scope to improve income through targeted updates. A viewing is recommended to assess condition, confirm tenure details and identify any immediate maintenance or upgrade needs.
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