Byker Terrace, Newcastle Upon Tyne 2 bed apartment for sale

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Byker Terrace, Newcastle Upon Tyne 2 bed apartment for sale

Byker Terrace, Newcastle Upon Tyne
£50,000

Price History

Initial price £70,000
09/01/25 £60,000
01/02/25 £50,000
Price Change -28.57%

Description

This property is a two-bedroom ground floor flat with a guide price of £50,000 to £60,000. It is chain-free and offers a private rear yard with rear access gate. The flat has a 999-year lease from 26 February 1993 with no ground rent. The interior features a lounge with double-glazed window and laminate flooring, a kitchen with double-glazed window, vinyl flooring, and wall and floor units with worktops over, a bathroom with shower cubicle, toilet, and wash hand basin, and two bedrooms with double-glazed windows and laminate flooring. The property also benefits from a high-speed broadband connection and is located in an area with low flood risk. The annual rental income is approximately £575 per calendar month, making it a great first buy for investors or first-time buyers.