2 Bed Flat, Newcastle upon Tyne, NE1 4DL £165,000

• Investment Opportunity +
• Third Floor Apartment +
• Two Bedrooms +
• Tenanted until August 2025 +
• £14,400pa Rental Income +
• 8.2% Gross Return +
• Master bedroom with en-suite +
• Parking Space Included +
• Council Tax Band D +
• EPC Rating C +

Presenting an incredible investment opportunity in the highly sought-after City Gate apartment block, situated just off St James Boulevard. This property is perfectly positioned for easy access to City Centre amenities, Chinatown, Universities, and Central Train Station. Currently tenanted until August 2025, it achieves a rental income of £1,200pcm! Boasting an open plan lounge & kitchen with integrated appliances and breakfast bar, large storage cupboard to the hallway , two bedrooms with ensuite shower room to the master and a family bathroom with shower over bath. There is a parking space included with the property.

Service Charge: £4088.56 approx.  Ground Rent: £75pa  Remaining on Lease: 102 years