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3 bedroom flat for sale
Melbourne Street, Newcastle Upon Tyne, NE1
£185,000
Melbourne Street, Newcastle Upon Tyne, NE1
£185,000
Price History
| Initial price | £195,000 |
| 28/11/25 | £189,000 |
| 13/12/25 | £185,000 |
| Price Change | -5.13% |
Description
This 3-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features three comfortable bedrooms, a modern bathroom, spacious living room, and private underground parking. Currently, it generates an annual gross income of £16,800 with tenants already in situ, and with its potential for future rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have been long-term residents and have consistently paid their rent, with no intention of moving out. The seller is committed to a smooth transaction process, making this a great chance for investors to secure a lucrative property with a stable tenant in place.