Investment Opportunity; Two Luxury Apartments, Hanover Mill, Newcastle Quayside
Offers Around £385,000 | Gross Yield 7.2% | Combined Rental Income £25,800 p.a.
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.
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.
Key Features
- Two x 2-Bed, 2-Bath Apartments
- Located in the prestigious Hanover Mill
- Panoramic river views
- Within walking distance to Newcastle city centre
- 100% occupancy since development & proven rental demand
- Tenants in situ, secure, hassle-free investment
- Combined rental income of £25,800 per annum
- Gross yield approx. 7.2%
- Modern interiors, high-spec finish, and well-maintained communal areas
- Ideal for long-term investors seeking reliable returns in a high-demand area
Location
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.
This rare opportunity offers an immediate return with excellent prospects for long-term capital growth and income stability.
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.
For further information on this property please call 01157342000 or e-mail enquiries@lester-bingley.co.uk
Unit 2A, Sherwood Oaks Close, Sherwood Oaks Business Park, Mansfield, NG18 4TB
01157342000