Initial price	£40,000
08/09/25	£38,000
Price Change	-5.00%

This lovely studio flat is situated in a sought-after private residential area, offering ample parking and bright, light-filled spaces with recent double glazing. The property has been recently refurbished and features modern decor throughout, including wood effect flooring, a contemporary fitted kitchen, and a modern bathroom with excellent storage. The open-plan living room/bedroom is perfect for a single occupant or couple, and the property is just a 15-minute drive or 20-minute bike ride from Newcastle City Center. With an achievable rent of £450pcm, this property offers a gross yield of 13.5% making it an attractive investment opportunity. The property will be sold via online auction, with an end date and time of Thursday, July 31st at 1pm, and an auction buyer's fee of 3.6% (inc of VAT) payable in addition to the purchase price.