Summary - 20, Forsyth Road NE2 3DA
2 bed 1 bath Flat
**Standout Features:**
- Spacious two-bedroom ground floor apartment
- Impressive rental yield of 6.53%; tenanted until 2026
- Private, south-facing rear yard
- Period features throughout, including high ceilings and Victorian detailing
- Modern kitchen with ample space for appliances and breakfast bar
- Sought-after location in affluent Jesmond
- Annual income potential of £11,436
**Potential Concerns:**
- Short lease with only 3 years remaining may impact mortgage financing options
- Solid brick construction lacks insulation
This spacious two-bedroom ground floor flat in the heart of Jesmond presents an outstanding investment opportunity, ideal for investors looking for secure income. Boasting a modern kitchen complete with space for appliances and a breakfast bar, this flat offers a perfect blend of functionality and comfort. The expansive front lounge, illuminated by a classic bay window, and the private south-facing rear yard enhance the living experience, making it ideal for both relaxation and entertaining.
Period features, such as high ceilings and charming Victorian details, infuse character into the property. With a strong rental yield of 6.53% and a reliable annual income of £11,436, this property is positioned within a cosmopolitan student neighborhood very close to amenities, shops, and the West Jesmond Metro station. However, be mindful of the short lease, which could present challenges for mortgage approvals. This charming, well-located flat represents a unique chance to secure a solid foothold in a competitive market—don’t miss out!
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