Summary - THE BAR APARTMENT 714 ST JAMES GATE NEWCASTLE UPON TYNE NE1 4BB
2 bed 2 bath Apartment
**Key Features:**
- Two double bedrooms and two bathrooms
- Balcony with city views
- 7% gross yield potential
- Ideal for investors or first-time buyers
- Approximately 543 sq ft in a contemporary building
- High demand location near Central Station and Newcastle amenities
- Chain-free sale with tenant in place until January 2025
- Council Tax Band C
Welcome to this purpose-built seventh-floor apartment, offering an attractive investment opportunity in a vibrant, cosmopolitan area of Newcastle, recognized for its multicultural student population. This modern apartment features two spacious double bedrooms—including a master with en-suite—and two bathrooms, making it ideal for young professionals or students seeking shared accommodations. The expansive 24ft living room is perfect for entertaining, while the private balcony offers a pleasant outdoor retreat.
Currently generating a gross rental income of £950 per month, this property promises a solid 7% yield, making it a desirable addition to any property portfolio. The apartment is conveniently located within walking distance of Central Station, Newcastle Helix, and a variety of city center amenities. While the area does have a high crime rate and is located in a deprived district, it also benefits from excellent broadband and mobile signals, ensuring a connected lifestyle. With no onward chain and secure, modern living, this opportunity won’t last long—envision yourself in this thriving urban environment today!
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