Summary - 227 HAMPSTEAD ROAD NEWCASTLE UPON TYNE NE4 8TP
2 bed 1 bath Ground Flat
Immediate rental income with refurbishment potential for investors.
Two-bedroom ground-floor flat with private rear garden
A practical buy-to-let on Hampstead Road offering a two-bedroom ground-floor flat with a private rear garden and on-street parking. The property is currently let long-term and produces £9,000 pa, making it an immediate income purchase for a landlord or portfolio investor.
The building is a Victorian terrace with period character externally. Internally there are signs of wear: dated decoration, mould staining in the living room and general need for redecoration/modernisation. The flat is leasehold and sits in a very deprived area with higher-than-average local crime; these factors affect both tenant demand profile and resale prospects.
Key commercial positives are the existing tenancy, clear rental history and easy access to city amenities and transport. Broadband speeds and mobile signal are strong, supporting demand from working tenants. Buyers should verify tenancy documents, the lease terms and obtain a full inspection; sale will include a Buyers Premium to secure purchase.
This opportunity suits investors seeking immediate rental income or developers comfortable with light refurbishment. It is less suitable for buyers seeking a quiet low-crime neighbourhood or a move-in‑ready home without works.
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