Summary - Amen Corner, St. Nicholas Chambers, Newcastle Upon Tyne, NE1 NE1 1PE
1 bed 1 bath Flat
**Standout Features:**
- One-bedroom, one-bathroom flat
- Currently occupied by long-term tenants
- Annual gross income of £11,400, potential to increase to £12,000
- Set in a well-maintained, historical Victorian building
- Close to local amenities in a bustling urban environment
- Excellent mobile signal, but slow broadband speeds
**Summary:**
This charming one-bedroom flat, located in the vibrant and multicultural heart of Newcastle Upon Tyne, presents an excellent buy-to-let investment opportunity. Housed in a grand Victorian building characterized by red brick and ornate architectural features, this well-maintained property is ideal for serious investors and developers seeking a steady rental income, with existing tenants who wish to stay long-term.
Offering a gross annual income of £11,400, the property has the potential to reach £12,000 per year with minimal effort. Its prime location ensures easy access to a variety of local amenities, perfect for attracting a diverse tenant base. While the flat is compact, its contemporary design and bright living areas provide comfort and appeal. With the possibility for future renovations or conversions, this flat not only serves as a solid investment but also as a potential canvas for personalization.
Considering the promising income potential and tenant stability, this opportunity won't last long—seize it today!
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