Amen Corner, Newcastle upon Tyne NE1 1 bed flat for sale

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Amen Corner, Newcastle upon Tyne NE1 1 bed flat for sale

Amen Corner, Newcastle upon Tyne NE1
£107,500

Price History

Initial price £130,000
28/12/24 £125,000
04/01/25 £123,000
11/01/25 £121,000
17/01/25 £119,000
01/02/25 £117,000
01/03/25 £115,000
14/03/25 £113,000
21/03/25 £111,000
27/03/25 £109,000
04/04/25 £120,000
11/04/25 £118,000
18/04/25 £116,000
25/04/25 £110,000
30/04/25 £108,000
29/05/25 £110,000
04/07/25 £107,500
Price Change -17.31%

Description

This 1-bedroom flat in Newcastle Upon Tyne offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features one bedroom, a bathroom, and a kitchen. Currently, it generates an annual gross income of £11,400, which could be increased to £12,000 with long-term tenants already in place. The tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable income stream for the new owner. With its desirable location and potential for increased rental returns, this property is a worthwhile addition to any investment portfolio.