4 bed flat

A block of two apartments is situated in Jesmond Park East, providing access to Freeman Hospital and local amenities. The properties share a communal entrance and each has a reception hall, living room/dining room, kitchen, two bedrooms, and a bathroom. They are equipped with electric heating and double glazing. The apartments have a total annual rent of £24,360, generating a gross yield of 9.3%. Additional features include uninociated resident parking and a 939-year lease remaining. Council Tax is Band CT, with a service charge of £2,220 paid in two installments to cover insurance, communal area cleaning, gardening, and maintenance. A ground rent of £25 per year is also payable.