Brunton Lane, Newcastle upon Tyne NE3 2 bed flat for sale

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Brunton Lane, Newcastle upon Tyne NE3 2 bed flat for sale

Brunton Lane, Newcastle upon Tyne NE3
£137,000

Price History

Initial price £150,000
06/04/25 £140,000
12/04/25 £138,000
16/04/25 £136,000
23/04/25 £134,000
06/05/25 £137,000
Price Change -8.67%

Description

This two-bedroom flat in Newcastle Upon Tyne offers a prime investment opportunity, boasting valuable amenities in close proximity and a current tenant. The well-maintained property features two bedrooms, a spacious lounge, a three-piece and ensuite bathroom, a modern kitchen, and a balcony with an allocated parking space. The property currently generates an annual gross income of £10,200, with the potential to increase to £12,000 with the current tenants in place, making it a substantial opportunity for investors seeking to expand their portfolio. The current tenants have consistently paid their rent and have no intention of relocating, committing to remain in the property.