Newcastle Upon Tyne NE5 1 bed apartment for sale

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Newcastle Upon Tyne NE5 1 bed apartment for sale

Newcastle Upon Tyne NE5
£45,000

Our Summary

  • A fantastic investment opportunity, offering a potential 16
  • Fantastic Potential ROI
  • Investment Opportunity

Description

This one-bedroom apartment in Kenton Bar offers a potential 16% return on investment, with a current rental income of £7,200 per annum. The property is located in the popular St Kaverne Square development and benefits from a light and spacious interior, an attractive elevated outlook, and shared communal grounds and parking. The apartment is currently let unfurnished on a six-month AST at £600 per month, making it an attractive investment opportunity. With no forward chain and easy access to local amenities and transport links, viewings are highly recommended.