£2,500,000 /Sale price

Located in the desirable area of Sandyford, Newcastle Upon Tyne, this portfolio presents a remarkable investment opportunity. Priced at £2.5 million, with an additional buyer fee of 2% plus VAT, this property is poised to attract discerning investors seeking a lucrative venture in a thriving locale.The property consists of a block of 19 self contained flats.Sandyford is renowned for its vibrant community, excellent amenities, and picturesque surroundings, making it a highly sought after area for both residents and investors alike. The property boasts an impressive rental income of £200,000 per annum, highlighting its potential for substantial returns. This financial aspect, combined with the area's popularity, makes it an attractive proposition for those looking to expand their investment portfolio.Jesmond is celebrated for its charming streets, leafy parks, and a variety of shops, cafes, and restaurants, all contributing to a high quality of life. The area is well connected to the city center and beyond, ensuring easy access to all that Newcastle has to offer.In summary, this property in Sandyford is not just a place to invest; it is an opportunity to secure a foothold in one of Newcastle's most desirable neighbourhoods. With its strong rental income and prime location, it is a prospect that should not be overlooked by investors.