**Standout Features:**
- Charming Victorian terraced flat with red-brick facade and bay windows
- Two bedrooms and one bathroom, ideal for rental or conversion to a maisonette
- Located in a cosmopolitan student neighborhood with a vibrant atmosphere
- Current tenancy in place, generating £737/month until August 2023
- Council Tax Band B – affordable for potential buyers
**Concerns:**
- Solid brick walls with no insulation (assumed)
- High crime rate in the area may be a consideration for some buyers
**Summary:**
This delightful two-bedroom flat, nestled within a stunning Victorian terrace, offers a prime investment opportunity in a bustling student neighborhood. At £170,000, this property boasts a spacious living area with high ceilings and period features, perfect for a first-time buyer or an investor looking to capitalize on the ongoing demand for rental properties. With excellent mobile and fast broadband connectivity, it appeals to young professionals and students alike.
Educational prospects are superb, with numerous top-rated schools within close proximity, including the Outstanding-rated West Jesmond Primary School. While the solid brick construction may require some insulation upgrades, the current tenancy provides immediate rental income and a low council tax band ensures affordability. Explore the unrivaled potential of this property – its combination of historic charm and modern accessibility make it a standout choice on the market, but don’t wait too long; opportunities like this are not readily available!
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