Bricks & Mortar

Tel: 0191 230 5577

140 New Bridge Street
Newcastle upon Tyne
NE1 2SZ

INVESTMENT Kelvin Grove, Sandyford, Newcastle Upon Tyne

Offers In The Region Of £180,000 Sold (STC)

3 Bedroom Flat

Investmenr Property
Pre-Let until September 2025
7.8% Gross Yield
Ground Floor
Excellent Rental History
Permit Parking On Street
Surrounded by Popular Restaurants and Brunch Spots
Appeals to Student and Young Professional Market
Three Bedrooms
Neutral, Modern Decor

*Investment Property, Pre-Let until Mid Setpember 2025* - This ground floor, three bedroom flat in the popular Sandyford district is a fantastic opportunity for an investor. With excellent rental history behind it and ideal for the student or young professional renters market!

The property is pre-let until Mid September 2025 at an annual return of £14,196 generating a decent gross 7.8% yield on asking price.

There is permit parking on street with the Universities and City Centre a 10 minute walk away. Sandyford also includes an array of restaurants with Aidan's kitchen, Little Lobo and Thali Tray to name a few!

In brief, the property includes a neutral cream gloss kitchen, cosy living space with access to the rear yard, three bedrooms and a bathroom with 3 piece suite.

*In person viewings are required- photos used are not up to date as taken between tenancies. There have been adaptions ot the kitchen work surfaces to confirm with additional licensing requirements.

The property is leasehold- 999 years from 7th November 1986.

Disclaimer – These particulars are for guidance only and do not form part of any contract. Whilst care has been taken in their preparation, we do not hold ourselves responsible for any inaccuracies. They are issued on the understanding that all negotiations will be conducted through this company.

Bricks & Mortar Group Give Notice That;- 1. These particulars do not constitute any part of an offer or a contract. 2. All statements contained in these particulars to this property are made without responsibility on the part of the Agents or the Vendor/Lessor. 3. None of the statements contained in these particulars as to this property are to be relied on as statements or representations of fact. 4. The particulars, various plans, photographs, descriptions and measurements have been carefully prepared,but their accuracy is not guaranteed and any intending Purchasers/Lessees shall satisfy themselves by inspection or otherwise as to their correctness. No omission, accidental error or misdescription shall be a ground for a claim neither for compensation nor the recession of the Contract by either the Vendor/Lessor or the Purchaser/Tenant. 5. Neither the Vendor/Lessor nor Bricks & Mortar Group nor any person in employment has any authority to make or give any representation or warranty in relation to the property. 6. The copyright of all details, photographs and floorplans remain exclusive to Bricks & Mortar Group and no third party shall use these without express written consent by the company.

Energy Efficiency and Environmental Impact

Although these particulars are thought to be materially correct their accuracy cannot be guaranteed and they do not form part of any contract.