Summary - Sandyford Road, Jesmond, Newcastle Upon Tyne NE2 1QR
19 bed 19 bath Flat
Large income-producing block in a prime student neighbourhood, ready for active investors..
19 self-contained flats in one freehold block
A substantial portfolio of 19 self-contained flats in Sandyford, offered freehold and currently delivering impressive headline rental income of £200,000 per year. The block’s central Jesmond location gives strong tenant demand from students and young professionals, with excellent transport, amenities and fast broadband nearby.
This is a hands-on investment: a 2% buyer fee plus VAT applies on purchase, and the building’s brutalist high-rise form suggests ongoing maintenance and facade upkeep costs. The local area records higher crime levels than average, so secure management and targeted tenancy screening will be essential to protect income and reduce voids.
For an investor able to manage a multi-unit block or appoint an experienced managing agent, the asset offers clear cashflow potential and scope to enhance returns through professional lettings, energy improvements and active asset management. The freehold status simplifies long-term control, but budget realistically for refurbishment cycles and communal repairs.
In short: strong rental yield potential in a prime student-focused neighbourhood, balanced by management intensity, maintenance needs and an additional buyer fee. Suited to a buyer seeking scale in Newcastle’s lettings market who can commit to operational oversight.
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