1 bedroom flat for sale

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1 bedroom flat for sale

Amen Corner, St. Nicholas Chambers, 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 a fantastic investment opportunity for those looking to expand their portfolio. The property is already generating a gross annual income of £11,400, which could be increased to £12,000 with long-term tenants currently in situ. The property is well-kept and features one bedroom, a bathroom, and a kitchen. The current tenants have been living in the property for several years and have a good payment history, intending to stay on. With a purchase price that offers a worthwhile addition to an investor's portfolio, this property is a great chance to increase rental returns. Let Property Sales is committed to facilitating a smooth transaction process, making it easy for buyers to take advantage of this opportunity.