Grove Park Oval, Newcastle Upon Tyne NE3 1 bed flat for sale

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Grove Park Oval, Newcastle Upon Tyne NE3 1 bed flat for sale

Grove Park Oval, Newcastle Upon Tyne NE3
£165,000

Price History

Initial price £175,000
03/10/25 £170,000
05/11/25 £165,000
Price Change -5.71%

Description

This 1-bedroom flat in Newcastle Upon Tyne offers a fantastic investment opportunity, with a current annual gross income of £11,940 and a tenant already in situ. The property is well-maintained and features a comfortable layout, including a bedroom, lounge, kitchen, bathroom, and shared parking. With a long-term tenant who has consistently paid their rent and has no plans to move out, this property is poised to generate steady returns for investors. The purchase price and potential rental income make it a worthwhile addition to an investor's portfolio, and the seller is committed to facilitating a smooth transaction process.