NE2 1TN - 2 bed ready let investment in Akenside Terrace, NE2 1TN

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2 bedroom flat for sale in Akenside Terrace, Newcastle Upon Tyne, NE2

Summary - BRANDLING COURT 6 AKENSIDE TERRACE NEWCASTLE UPON TYNE NE2 1TN

2 bed 1 bath Flat

Income-producing flat with near-term rent uplift potential for focused investors.
Two bedrooms, one bathroom, approximately 688 sq ft
A ready-made buy-to-let in NE2, this two-bedroom flat is offered with long-term tenants in situ, producing a current gross income of £12,528. The apartment occupies 688 sq ft with spacious rooms and a modern kitchen, making it straightforward to manage from day one and attractive to city renters.

Financially focused buyers will note the uplift to a potential market income of £13,644 and the property’s clear rental history — a useful starting point for an investor seeking immediate yield. The building is a 1970s brick block with practical communal maintenance but limited architectural charm; the flat itself is well maintained and will suit tenants or a hands-off landlord.

Key practical considerations are plain: the sale is leasehold and requires cash purchase only, and a Buyers Premium is payable to secure the property. The surrounding neighbourhood is a cosmopolitan mix of students and professionals but records higher-than-average crime levels, which may affect tenant demand and management approach.

Overall, this is an income-producing flat for an investor or developer who wants immediate returns and straightforward tenancy. It offers scope to lift rent to market levels and to review longer-term refurbishment or re-letting strategies, provided buyers accept the leasehold status, cash-only condition, and local area factors.

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