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2 bedroom flat for sale
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF
£120,000
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF
£120,000
Price History
Initial price | £150,000 |
18/07/25 | £120,000 |
Price Change | -20.00% |
Description
This stunning 2-bedroom flat is up for sale by unconditional online auction on July 30th, 2025, with a guide price of £120,000-£180,000. Located in a prime spot at 22 Merchants Quay, Newcastle, the property offers a vacant tenure and is suitable for a buy-to-let investment strategy. With potential monthly and yearly rental figures of £1,300 and £15,600 respectively, the property boasts a yield of 9.75%. The flat is situated just a 15-minute walk from Newcastle City Centre, making it a highly desirable location for tenants. Additionally, the vendor offers in-house letting and management services to help maximize the property's rental potential.