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
£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.