Initial price	£110,000
23/03/24	£99,950
Price Change	-9.14%

This is a one-bedroom apartment located on the second floor of the Ochre Yards development in the sought-after Quayside area of Newcastle. The apartment features a double bedroom, entrance hall with hall cupboard, bathroom, open-plan living and dining room, and fitted kitchen with a Juliet balcony. The property also includes allocated parking and a caretaker. The apartment is situated on the south bank of the Tyne, just a short walk from Newcastle city centre, and offers easy access to all the city's amenities while being in a relatively secluded location. The current tenant is in place until March 2025, providing a rental yield of 9.6%, and the property is leasehold with a remaining term of 108 years.