£140,000
2 bed flat for saleRutherford Street, Newcastle Upon Tyne NE4
2 beds
1 bath
1 reception
EPC Rating: C
- Leasehold
Seekers
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About this property
Investment Opportunity
£12,600pa Rental Income
Increasing to £13,176pa from August 2026
9.8% Gross Yield
Tenanted until August 2026
Third Floor City Centre Apartment
Open Plan Living & Kitchen
Two Double Bedrooms
Car Parking Space
Service Charge Approx. £1,350pa
Investment opportunity - City Centre Apartment currently let until August 2026 producing £12,600pa annualised rental income, increasing to £13,176 from August 2025. The property is well presented and is located ideally for Newcastle Helix, China Town and Newcastle Business School, comprises of an open plan living and kitchen area with integrated appliances, Juliet balcony, two double bedrooms, bathroom with mains powered shower over bath and utility cupboard housing washing machine and electric powered boiler. The property also benefits from a secure parking space, which could be rented to achieve additional income.
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More information
Tenure
Leasehold (76 years)
Service charge
£1,350 per year
Council tax band
C
Ground rent
Ground rent date of next review