Summary - 56, Greystoke Avenue NE2 1PN
2 bed 1 bath Flat
**Standout Features:**
- 2 Bedrooms, 1 Bathroom
- Ground floor flat in a charming Victorian terrace
- Attractive current rental potential of £685/month
- Located in a vibrant student-friendly neighborhood
- Affordable Council Tax Band A
- Freehold tenure
**Potential Downsides:**
- Above average crime in the local area
- Broadband speeds are very slow
- Solid brick walls with no insulation (assumed)
Discover a fantastic investment opportunity in this 2-bedroom ground-floor flat situated on the highly sought-after Greystoke Avenue in Newcastle Upon Tyne. With an ideal rental yield, this property is currently tenanted until August 2024, generating a consistent income of £685 per month. Nestled within a cosmopolitan student neighborhood, the flat’s classic Victorian brickwork and high ceilings create an inviting atmosphere, while its proximity to local amenities—including shops, cafés, and schools—adds to its appeal.
Although the property offers great potential, future owners may consider insulation upgrades given the current solid brick structure and the noted slow broadband speed. The affordable Council Tax Band A also makes it an attractive option for first-time buyers or investors looking to tap into the local rental market. Don’t miss this chance to acquire a piece of urban living with both comfort and future flexibility for renovations. Act quickly—opportunities like this don’t last long!
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