Summary - 16 THE MEWS NEWCASTLE UPON TYNE NE1 4DA
2 bed 1 bath Apartment
**Standout Features:**
- Two-bedroom ground floor apartment
- Tenanted until August 2025 with a rental income of £1,000/month
- Large private rear garden
- Allocated parking space with the potential for additional rental income
- Prime location near Newcastle and Northumbria Universities
- Council Tax Band B and EPC Rating D
This spacious two-bedroom ground-floor apartment in the heart of Newcastle City Centre presents a prime investment opportunity with high rental demand due to its proximity to both universities. Boasting a generous lounge that seamlessly combines living and dining space, a newly fitted kitchen with integrated appliances, and a well-appointed bathroom, the property is designed for modern comfort. The standout feature is a large private garden—a rare find in urban living—which provides an exclusive outdoor retreat.
With a gross rental yield of approximately 8.5%, this tenanted apartment guarantees a steady income stream until August 2025, making it an attractive proposition for investors. Additionally, there’s potential to increase revenue by renting out the allocated parking space. While the lease has 86 years remaining, efforts are underway to explore the option for extension, ensuring long-term security. This apartment is ideally situated near vibrant local amenities and transport links, making it perfect not only for families seeking a community feel but also for students looking for convenience. Don’t miss out on this excellent opportunity to invest in a property that combines comfort, location, and future potential!
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