Summary - HYACINTH COURT 36 TULIP GROVE NEWCASTLE ST5 0SZ
3 bed 1 bath Apartment
Affordable buy-to-let with parking and communal gardens.
Pre-let investment; no onward chain
Situated in Hyacinth Court, this first-floor, three-bedroom apartment is offered as a pre-let investment with no onward chain. The open-plan lounge/kitchen benefits from dual-aspect double glazing and practical fitted units, creating a bright, low-maintenance living space attractive to tenants. Allocated off-street parking and communal gardens add useful amenity in a built-up town setting.
The property is leasehold with 83 years remaining and a low ground rent (£10 reported). Running costs are affected by electric storage heating and electric main fuel; the EPC is a solid C. Broadband is reported slow locally, which may influence some renter profiles but mobile signal is excellent.
For an investor this presents clear short-term letting potential at an affordable entry price, with straightforward cosmetic improvements likely to increase rental appeal. Note the building dates from the late 1960s–1970s and the apartment is of modest overall size, so longer-term buyers should factor planned maintenance or refurbishment when assessing value.
Material points: the tenure is leasehold with a limited but usable lease length; heating is electric storage which can be more costly than gas alternatives; and the wider area shows signs of deprivation, which will affect tenant type and rental yield assumptions.
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