Long lease and tenant in situ delivering steady rent—good entry-level buy-to-let opportunity.
Two double bedrooms with average-sized living space
This ground-floor two-bedroom flat in Fenham occupies a traditional Victorian mid-terrace and offers straightforward, entry-level investment or owner-occupier potential. The accommodation includes hallway, lounge, kitchen, two bedrooms and a bathroom, with gas central heating and double glazing already installed. The long lease (979 years) removes common leasehold complications and council tax is very low.
The property can be sold with a tenant in situ on a periodic tenancy, passing £600 pcm, making it immediately income-producing for landlords. The 752 sq ft layout is average-sized for the area and benefits from a modern kitchen and a neutral living room — ready to let or update to increase rent. Transport links into Newcastle city centre are close by, and local amenities and several Good-rated schools are within easy reach.
Buyers should note the building’s construction era (1900–1929) and solid-brick walls likely lack cavity insulation; further energy-efficiency work may be needed. The surrounding area is classified as very deprived, with average crime levels, which may affect long-term capital growth and tenant demand. Early viewing recommended for investors or purchasers seeking a low-entry-price flat with immediate rental income.
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