Summary - 63 TAVISTOCK ROAD NEWCASTLE UPON TYNE NE2 3HY
2 bed 1 bath Flat
Two-bed ground-floor investment in prime Jesmond, rented to 2026..
Rented until August 2026 producing ~£1,170 pcm (7.3% gross yield)
A ready-made investment in prime Jesmond, this two-bedroom ground-floor flat produces immediate rental income and strong tenant demand from students and young professionals. The property is presented with a recent boiler (Feb 2023) and off-street parking, making it a straightforward, hands-off purchase for a buy-to-let owner.
Currently let until August 2026 at approximately £1,170 pcm (reported 7.3% gross yield), the flat benefits from a long lease (documents list differing remaining terms of 146–171 years) and a compact, efficient layout that includes a living room, fitted kitchen, utility room and a generous bathroom. Jesmond’s transport links, eateries and proximity to universities underpin consistent rental occupancy.
Buyers should note material points: the EPC is rated D, the property occupies solid-brick walls likely lacking cavity insulation, and the local area records higher crime levels which can influence tenant profiles and insurance costs. The flat is suitable for investors seeking immediate income rather than a refurbishment project, though modest energy improvements could enhance long-term returns.
Overall this is a practical, income-producing opportunity in a high-demand rental location, offering immediate cashflow with some straightforward improvement potential to reduce running costs and uplift appeal.
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