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The Open, Newcastle upon Tyne, Tyne... 3 bed flat for sale
The Open, Newcastle upon Tyne, Tyne and Wear, NE1 4DB
£139,000
The Open, Newcastle upon Tyne, Tyne and Wear, NE1 4DB
£139,000
Price History
Initial price | £150,000 |
12/12/24 | £140,000 |
07/01/25 | £139,000 |
Price Change | -7.33% |
Description
This 3-bedroom, 2nd-floor apartment in Newcastle City Centre is an attractive buy-to-let investment opportunity. The property has been rented out as a three-bedroom property, generating an annual income of £17,056, and is currently licensed for HMO use. The apartment features a secure communal entrance, lift and stairs, entrance hallway with storage, lounge with bay window, well-appointed kitchen, three bedrooms, and a three-piece bathroom/WC. The property also includes an allocated car parking bay, currently rented out separately, generating an additional £1,200 per annum. Located in the heart of the city, the property is close to universities, hospitals, sports stadiums, bars, restaurants, and shopping centers, making it an ideal location for students or professionals. The annual service charge includes unlimited water bills, and the property is available on a leasehold basis with 87 years remaining on the lease.