Summary - 57 FOURACRES ROAD NEWCASTLE UPON TYNE NE5 3BB
2 bed 1 bath Flat
**Standout Features:**
- Two-bedroom first-floor flat in Cowgate, ideal for families and investors
- Current rental income of £650 per month
- Leasehold with 968 years remaining on the lease
- Modern open-plan kitchen/living area with integrated appliances
- Scenic views over Nuns Moor and good access to Newcastle city centre
- Local amenities include supermarkets, healthcare facilities, and leisure options
**Concerns:**
- High crime rate in the area
- Property classified in a highly deprived area
- Cash buyers only
Discover the perfect investment opportunity with this modern two-bedroom flat on Fouracres Road. Boasting an open-plan lounge and kitchen that combines contemporary design with functionality, this home is well-suited for both first-time buyers and families looking for a comfortable living space. Enjoy tranquil views over Nuns Moor while benefiting from excellent transport links to Newcastle city centre.
With current tenants providing a steady rental income of £650 per month, this property presents an exceptional investment option. The generous lease term of 968 years adds to its appeal. Located in a major urban conurbation with a vibrant cultural mix, it offers easy access to essential local amenities such as health facilities and supermarkets.
However, be aware of the area's high crime rate and classification as very deprived, factors that may impact your long-term living experience or investment plans. With council tax at an affordable Band A level, this property combines low ongoing costs with great potential. Don’t miss out on this rare opportunity to secure a valued property in an increasingly sought-after area!
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