Summary - 53 ROWANBERRY ROAD NEWCASTLE UPON TYNE NE12 8JH
2 bed 1 bath Flat
Low service fees and strong transport links, ideal for buy-to-let.
Top-floor two-bedroom flat with immediate rental income
A top-floor two-bedroom flat offering straightforward, low-cost ownership and immediate rental income. Positioned close to Quorum Business Park, Freeman Hospital and city transport links, the property suits investors seeking a hands-off let or first-time buyers wanting an affordable starter home.
The flat is leasehold with 108 years remaining and low annual service charges of £660. It is currently tenanted on a rolling contract at £625 pcm, providing instant income; a new tenancy could command a higher rent. The property is sold as seen with the existing furniture, which simplifies takeover for buy-to-let purchasers.
Buyers should note the wider local context: the area is classified as very deprived, with average crime levels and mixed school ratings nearby. The flat is best suited to buyers who prioritise value, rental yield and transport links over premium neighbourhood amenities. Lease details include an annual service charge review and no ground rent review period.
Overall this is a pragmatic purchase with clear income potential and low running costs — attractive to investors and cash-conscious first-time buyers who accept the local challenges and possible need for minor updates.
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