Initial price	£70,000
29/11/24	£60,000
Price Change	-14.29%

This investment property on Gorse Hill Way in Newcastle upon Tyne is a great opportunity, with a sitting tenant paying £550 per month. The property is deceptively spacious, featuring an open-plan living room and kitchen with included white goods, two double bedrooms, and a family bathroom with a three-piece suite and shower over the bath. It benefits from gas central heating and double glazing throughout. The property is leasehold, with a 125-year lease from 2015 and ground rent of £10 per year. Service charges are £70 per annum, and council tax band A is £1,607.73. The property is located in the west of Newcastle, with a range of local amenities nearby, including a shopping centre, fitness centre, schools, and public transportation links. The property has not been tested for its services, systems, and appliances, and any interested parties should make their own investigations.