Summary -
66, Knightsbridge Court,Gosforth,NEWCASTLE UPON TYNE,NE3 2JZ
NE3 2JZ
2 bed 2 bath Flat
Income-producing apartment with long-term tenant and shared parking.
Approx 549 sq ft two-bedroom flat
A compact two-bedroom leasehold flat in Knightsbridge Court, offered with a long-term tenant in place. The apartment measures approximately 549 sq ft, sits within a modern mid-rise block and benefits from shared off-street parking, fast broadband and excellent mobile signal — practical features for lettings.
The property currently produces £10,800 pa, giving an approximate gross yield of 6.4% at the asking price of £170,000. Its city location near transport links, supermarkets and schools supports steady rental demand from professionals and commuters.
Note the unit is sold with tenancy in situ and the occupants intend to remain; purchase will therefore be as an income property rather than a vacant possession buy. It is leasehold and a Buyer’s Premium applies to secure the sale. The surrounding area records above-average crime statistics — an important factor for management and insurance considerations.
Overall this is a straightforward addition for investors seeking immediate rental income and a low-maintenance urban flat. Developers or portfolio buyers may also be attracted by the block’s good connectivity and tenant stability, while owner-occupiers should be aware the sale is marketed primarily as an investment.
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