Summary - 70, Kelvin Grove NE2 1RL
2 bed 1 bath Apartment
**Standout Features:**
- Two-bedroom first-floor flat in a period building
- Prime location near Newcastle City Centre and Sandyford amenities
- Currently tenanted until July 2026 with a rental income of £754/month
- Gross yield of 5.4%, potential for future rental increases
- Private entrance, living room/dining room, utility space, and rear yard
- Includes double glazing and gas central heating
**Notable Concerns:**
- Above average crime rate in the area
- Solid brick walls with no insulation (assumed)
- Council tax band information unknown
This two-bedroom first-floor flat presents an excellent investment opportunity in the vibrant and cosmopolitan student neighborhood of NE2. With average-sized living areas that benefit from an abundance of natural light and a classic mid-century modern style, this flat is not only stylish but also functional. The property’s close proximity to Newcastle City Centre, combined with local amenities, makes it a prime choice for students and young professionals alike.
Currently rented until July 2026, it offers immediate income with an attractive gross yield of 5.4%, and there is room for potential rent increases in the future. The flat features a private entrance, bright living space, two good-sized bedrooms, and essential amenities including gas central heating for your comfort.
Investors looking to tap into the rental market in this affluent area will find this property appealing, especially with educational establishments ranking in the top 10% nearby. However, prospective buyers should note the above average crime rate and the lack of insulation, which may require future attention. With a council tax band still to be confirmed, acting quickly could secure this promising property before it’s off the market.
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