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Amen Corner, Newcastle upon Tyne NE1 1 bed flat for sale
Amen Corner, Newcastle upon Tyne NE1
£121,000
Amen Corner, Newcastle upon Tyne NE1
£121,000
Price History
Initial price | £130,000 |
28/12/24 | £125,000 |
04/01/25 | £123,000 |
11/01/25 | £121,000 |
Price Change | -6.92% |
Description
This 1-bedroom flat in Newcastle Upon Tyne is an excellent investment opportunity for those looking to expand their portfolio. The property is well-kept and features one bedroom, a bathroom, and a kitchen. Currently, it produces 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, intend to remain, providing a stable and reliable rental income. With a purchase price that will yield a worthwhile return, this flat is a great addition to any investor's portfolio, and Let Property Sales is committed to facilitating a smooth transaction process.