£182,000

400 SQFT

Step into one of our most sought-after investment projects with this beautifully refurbished 1-bedroom apartment, offering an impressive 10% annual return. Operating under a supported living model, this property comes with a secure 20-year lease, ensuring a hassle-free investment with no void periods, no management concerns, and all maintenance fully covered.

Currently generating a solid rental income of £18,200 per year and already occupied with tenants, this apartment has been delivering consistent cash flow for the past 12 months. With everything in place, Irving House is the perfect investment to add long-term security and high returns to your portfolio.

Irving House sits in Forest Hall a village just outside Newcastle Upon Tyne. A short 15 minute drive take you to the centre of Newcastle.

Population: 823,000

Newcastle is known for its vibrant culture, lively nightlife, stunning architecture, beautiful coastline, and friendly locals. It's also home to a number of historical sites and attractions that draw thousands of tourists every year. Including The Angel of the North, Premier League Football Club Newcastle United and Newcastle University.

Additionally, there are plenty of job opportunities available in Newcastle due to its thriving businesses. This is especially true in the technology sector, which has seen massive growth over the past decade. There are now over 40 tech companies based in the city, including some of the biggest names in the industry like Microsoft and IBM. This influx of jobs has created strong demand for both residential and commercial properties as more people move to the area to take advantage of these opportunities.