Initial price	£50,000
21/12/24	£45,000
24/12/24	£43,000
03/01/25	£41,000
11/01/25	£45,000
Price Change	-10.00%

This 1-bedroom flat in Wallsend is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features one bedroom, a bathroom, and a kitchen, and is currently generating an annual gross income of £5,700, with the potential to increase to £6,000 with long-term tenants already in place. The tenants, who have been living in the property for several years, have consistently paid their rent and do not intend to move out, making for a smooth transition for the new owner. With a purchase price that will yield a worthwhile return, this property is an excellent addition to any investment portfolio.