Newcastlle, Newcastle NE1

Property Details: - Type: Flat - Bedrooms: 4 - Bathrooms: 4

Agent: Lester & Bingley Property Consultants - Mansfield Phone: 0115 691 7299

<p><b>Council tax band:</b> TBC<br/></p><p>Investment Opportunity; Two Luxury Apartments, Hanover Mill, Newcastle Quayside<br/><br/>Offers Around £385,000 | Gross Yield 7.2% | Combined Rental Income £25,800 p.a.<br/><br/>An exceptional opportunity to acquire a pair of premium two-bedroom, two-bathroom apartments offered as a portfolio sale in the highly sought-after Hanover Mill development, located on Newcastle's iconic Quayside.<br/>These stunning circular apartments boast panoramic views over the River Tyne and the Quayside, combining modern design with unbeatable location appeal. With floor-to-ceiling windows flooding the spaces with natural light, both apartments offer spacious living areas and stylish, fully fitted kitchens, ideal for professionals and students alike.<br/><br/>Key Features<br/>- Two x 2-Bed, 2-Bath Apartments<br/>- Located in the prestigious Hanover Mill<br/>- Panoramic river views<br/>- Within walking distance to Newcastle city centre<br/>- 100% occupancy since development & proven rental demand<br/>- Tenants in situ, secure, hassle-free investment<br/>- Combined rental income of £25,800 per annum<br/>- Gross yield approx. 7.2%<br/>- Modern interiors, high-spec finish, and well-maintained communal areas<br/>- Ideal for long-term investors seeking reliable returns in a high-demand area<br/><br/>Location<br/>Hanover Mill is perfectly positioned for access to Newcastle's bustling city centre, the vibrant Quayside, and a wide range of amenities, bars, restaurants, and transport links. This riverside location continues to be one of the city's most desirable rental hotspots.<br/><br/>This rare opportunity offers an immediate return with excellent prospects for long-term capital growth and income stability.</p><p>Situated on the beautiful Quayside of Newcastle, this property is within a short walk to the centre of Newcastle, enjoying a vibrant atmosphere and all the necessary amenities, such as shops, restaurants, bars, and the university, which attracts a large amount of local and international students.</p>