Property Details
£975,000
1 bedroom
Temple Street, City Centre, Newcastle Upon Tyne, NE1
- Fully occupied 7-property portfolio (11 rooms)
- Gross annual rental income: £86,520
- Prime Newcastle city centre locations
- Mix of 1, 2, and 3-bedroom apartments
- Turnkey investment with immediate rental income and strong growth potential
- Potential gross yield 10.3% (after rent increases)
- Gross yield: 8.9%
Prime City Centre Investment Portfolio – Newcastle Upon Tyne
A rare opportunity to acquire a fully occupied 7-property portfolio in Newcastle city centre, comprising 11 rooms across high-demand locations. The portfolio generates a gross annual rental income of £86,520 (before expenses) with a gross yield of 8.9%.
Portfolio Includes:
- 3 × 1-bedroom apartments – City Gate, St James’ Blvd, NE1 4DL
- 1 × 2-bedroom apartment – The Chare, NE1 4DD
- 1 × 2-bedroom apartment – The Open, NE1 4DB
- 1 × 1-bedroom apartment – The Paintworks, Rutherford St, NE4 5DP
- 1 × 3-bedroom apartment – Peel House, Temple Street, NE1 4BP
Key Features:
- All properties fully occupied with immediate rental income
- Prime city centre locations with strong tenant demand
- Excellent potential for capital growth
- Turnkey investment with diversified property mix
- Potential to increase rents to achieve gross yield 10.3%
This portfolio offers a high-yield, low-maintenance investment in Newcastle’s thriving rental market – ideal for buy-to-let investors seeking income and long-term growth.
*All relevant documentation, including EPCs, tenancy agreements, and safety certificates, is available upon request.*
Tenure: Leasehold
A rare opportunity to acquire a fully occupied 7-property portfolio in Newcastle city centre, comprising 11 rooms across high-demand locations. The portfolio generates a gross annual rental income of £86,520 (before expenses) with a gross yield of 8.9%.
Portfolio Includes:
- 3 × 1-bedroom apartments – City Gate, St James’ Blvd, NE1 4DL
- 1 × 2-bedroom apartment – The Chare, NE1 4DD
- 1 × 2-bedroom apartment – The Open, NE1 4DB
- 1 × 1-bedroom apartment – The Paintworks, Rutherford St, NE4 5DP
- 1 × 3-bedroom apartment – Peel House, Temple Street, NE1 4BP
Key Features:
- All properties fully occupied with immediate rental income
- Prime city centre locations with strong tenant demand
- Excellent potential for capital growth
- Turnkey investment with diversified property mix
- Potential to increase rents to achieve gross yield 10.3%
This portfolio offers a high-yield, low-maintenance investment in Newcastle’s thriving rental market – ideal for buy-to-let investors seeking income and long-term growth.
*All relevant documentation, including EPCs, tenancy agreements, and safety certificates, is available upon request.*
Tenure: Leasehold
Map
Whilst every effort is made to ensure the accuracy of these details, it should be noted that the measurements are approximate only. Floorplans are for representation purposes only and prepared according to the RICS Code of Measuring Practice by our floorplan provider. Therefore, the layout of doors, windows and rooms are approximate and should be regarded as such by any prospective purchaser. Any internal photographs are intended as a guide only and it should not be assumed that any of the furniture/fittings are included in any sale. Where shown, details of lease, ground rent and service charge are provided by the vendor and their accuracy cannot be guaranteed, as the information may not have been verified and further checks should be made either through your solicitor/conveyance. Where appliances, including central heating, are mentioned, it cannot be assumed that they are in working order, as they have not been tested. Please also note that wiring, plumbing and drains have not been checked.
