Close, Newcastle upon Tyne NE1 2 bed flat for sale

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Close, Newcastle upon Tyne NE1 2 bed flat for sale

Close, Newcastle Upon Tyne, NE1
£155,000

Price History

Initial price £175,000
03/10/25 £170,000
05/11/25 £165,000
29/11/25 £155,000
Price Change -11.43%

Description

This 2-bedroom flat in Newcastle Upon Tyne is a great investment opportunity for those looking to expand their portfolio. The property is currently generating an annual gross income of £12,000 from a tenant who has been in place for several years and has a good payment history. The flat is well-maintained and features two bedrooms, a lounge, kitchen, ensuite, bathroom, and shared parking. With a purchase price that is likely to provide a worthwhile return on investment, this property is an attractive option for those looking to grow their rental income. The current tenants have no plans to move out, and the seller is committed to facilitating a smooth transaction process to ensure a seamless transfer of ownership.