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£240,000

2 bed flat for sale
Eskdale Terrace, Newcastle Upon Tyne, Tyne And Wear NE2

    • 2 beds

    • 2 baths

    • 1 reception

  • Share of Freehold

Added on

Greetham Gilbert

About this property

  • Two apartments

  • Potential to convert into one duplex

  • Located close to Jesmond Metro

  • Ideal investment

  • Great location

  • Ground floor one bed with study room

  • Basement Studio

Unique Investment Opportunity: Two Apartments Near Jesmond Metro

Presenting an exceptional investment opportunity at Eskdale Terrace, Tyne and Wear, this property offers not one, but two distinct apartments, available for sale at a fixed price of

This unique offering is perfectly positioned for those seeking a lucrative addition to their portfolio or a versatile living arrangement with significant potential.

The property comprises a ground floor one-bedroom apartment, complete with an additional study room, and a separate basement studio apartment. This configuration provides immediate flexibility, allowing for dual rental income streams, or the possibility of living in one unit whilst generating income from the other. The ground floor apartment offers comfortable living space, featuring a well-proportioned bedroom and a dedicated study, ideal for home working or as a versatile extra room. The basement studio, self-contained and private, presents an excellent option for a single occupant or as an additional income generator.

One of the most compelling aspects of this property is its inherent potential. For those with a vision, there is a clear opportunity to convert these two separate units into a magnificent two-bedroom, two-bathroom duplex apartment. This transformation would create a spacious and contemporary home, significantly enhancing its market value and appeal. Imagine a beautifully integrated living space spanning two floors, offering modern amenities and a seamless flow, all within a highly desirable postcode.

Location is paramount, and Eskdale Terrace excels in this regard. Situated in a great location, it benefits from excellent connectivity, being just a short stroll from Jesmond Metro station. This provides effortless access to Newcastle city centre, local universities, and the wider Tyne and Wear area, making it incredibly attractive to both tenants and owner-occupiers. Jesmond itself is renowned for its vibrant atmosphere, offering an array of independent shops, cafes, restaurants, and green spaces, all contributing to a high quality of life.

This property represents an ideal investment for a variety of buyers. For seasoned investors, the dual apartment setup promises strong rental yields and capital appreciation in a consistently popular area. For those looking to create their dream home, the conversion potential offers a chance to craft a bespoke living space tailored to individual tastes and requirements. With two bathrooms and one reception room already in place across the two units, the foundation for a superb duplex is already established.

Do not miss this rare chance to acquire a property with such versatility and potential in a prime Tyne and Wear location. Early viewing is highly recommended to fully appreciate the scope and opportunity that Eskdale Terrace presents.

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Property descriptions and related information displayed on this page are marketing materials provided by - Greetham Gilbert. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Greetham Gilbert for full details and further information.