Initial price	£110,000
13/03/25	£105,000
Price Change	-4.55%

This two-bedroom duplex apartment in Gateshead is currently let and producing an annual income of £12,300, providing an 11%+ yield. The property is located within walking distance of Quayside and Newcastle City Centre, surrounded by amenities and services. The building offers secure intercom access, lift access, and an underground car park. The apartment is being sold fully furnished and let, and the sale will be unconditional, with binding contracts exchanged at the point of sale. The property is leasehold, with a 125-year lease remaining, and the sale will be subject to SDL Property Auctions' terms and fees, including a 5% deposit and 4.8% buyer's fee. The property is being sold as-is, with any necessary internal compartmentation works not being the responsibility of the new owner.