1 bedroom apartment for sale

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1 bedroom apartment for sale

55 Degrees North, Pilgrim Street, Newcastle Upon Tyne
£99,000

Price History

Initial price £110,000
04/11/25 £99,000
Price Change -10.00%

Description

This one-bedroom, 9th-floor apartment at Cloud Estates' 55 Degrees North development offers stunning panoramic views across the city and River Tyne. Situated in a prime location, it's easily accessible to Newcastle city centre, universities, and transport links. The property features a secure entrance foyer, lifts, and stairs, with a modern open-plan living space and kitchen equipped with integrated appliances. The bathroom boasts a bath with shower over, and the double bedroom has fitted wardrobes. With a gross yield of 12% and achievable rent of £1100 PCM, this property presents a lucrative investment opportunity. The development offers a lobby with concierge service, and one parking space is included in the basement car park. With approximately 102 years remaining on the 125-year lease, this property is a fantastic find for those looking for a hassle-free investment or a comfortable city-centre home.