Summary - 69 Sanderson Villas NE8 3BU
2 bed 1 bath Apartment
Two-bed ground-floor apartment, tenanted with strong gross yield and excellent transport links.
- Tenanted investment producing £850pcm (income immediate)
- Ground-floor two-bedroom apartment, approximately 571 sq ft
- Gas combi boiler heating; UPVC double glazing
- Allocated off-street parking and communal garden
- Leasehold with 103 years remaining (long lease)
- Very high local crime rate; area classified as deprived
- Small overall size; may need cosmetic updating
- Council Tax Band A — very low local tax
A practical buy-to-let opportunity in St James’s Village, offered with a sitting tenant paying £850pcm. The ground-floor, two-bedroom apartment is compact (approximately 571 sq ft) and benefits from gas central heating via a combi boiler, UPVC double glazing and an allocated parking space — features that help keep running costs and voids low.
Well-connected for Newcastle and Gateshead, the property sits close to Metro, bus and road links and has fast broadband and excellent mobile signal, making it attractive to students and professionals. The long lease (103 years remaining) and very low council tax band A add further financial appeal for an investor seeking immediate rental income.
Buyers should note material negatives: the area is classified as deprived with very high local crime rates, which may limit tenant profiles and future capital appreciation. The flat is small and may require cosmetic updating over time; communal areas and external maintenance responsibilities apply under the leasehold tenure.
Overall, this is a hands-off, income-producing purchase for an investor prioritising immediate yield and low tenant turnover rather than significant capital-growth potential. The tenant in situ provides instant income; consider a viewing to assess condition and communal standards before purchase.
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