Summary - 10/1, 55 Degrees North, Pilgrim Street, NEWCASTLE UPON TYNE NE1 6BJ
1 bed 1 bath Apartment
**Standout Features:**
- **Location:** Prime position in 55 Degrees North, Newcastle’s vibrant city centre.
- **Income:** Currently tenanted, achieving a rental income of £1,050 PCM.
- **Views:** Top-floor apartment with panoramic city views.
- **Modern Design:** Bright, spacious open-plan living area, stylish kitchen, and bathroom.
- **Amenities:** Excellent transport links, close to shops, restaurants, and cultural attractions.
**Concerns:**
- **Property Type:** Leasehold tenure; confirm lease details and terms.
- **Crime Rate:** High crime rates in the local area; consider safety measures.
This stunning one-bedroom apartment in Newcastle’s sought-after 55 Degrees North development presents a lucrative investment opportunity with strong rental income potential. Currently tenanted at £1,050 per month, it offers immediate return on investment in a vibrant cosmopolitan environment. The modern apartment features a spacious open-plan living area with large windows that showcase breathtaking panoramic views of the city skyline, creating a perfect backdrop for both entertaining and relaxation.
Nestled in the heart of the city, residents enjoy easy access to a plethora of amenities, including diverse dining options, vibrant nightlife, and cultural attractions, all within walking distance. With excellent transport links available via Central Station and Metro, this property caters to both professional tenants and future buyers.
Additionally, while the location offers immense appeal, potential buyers should be mindful of the property's leasehold status and the area's higher crime rates. This is a rare opportunity to secure a well-located, high-performing investment; early viewings are highly recommended to not miss out on this exclusive listing!
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