Summary - Marconi House, Melbourne Street, Newcastle Upon Tyne, Tyne and Wear, NE1 2JQ NE1 2JQ
1 bed 1 bath Apartment
Chain-free buy with proven rental income and straightforward access.
Vacant one-bedroom apartment in central Newcastle, previously let at £850 pcm
Lift access to all floors; large windows provide good natural light
Leasehold with 104 years remaining; ground rent £175 per year
Chain-free sale — immediate completion possible
Located in a cosmopolitan student neighbourhood with strong rental demand
Broadband speeds reported as very slow; upgrade likely needed
Crime levels in the area recorded as very high; factor into insurance/letting
No flood risk; compact modern layout suited to single occupant tenants
Set within Marconi House in the heart of Newcastle city centre, this one-bedroom apartment offers immediate rental potential and chain-free vacant possession. Previously let at £850 pcm, it suits investors seeking an easy-let in a busy student and city-market location. Lift access to all floors and large windows provide practical convenience and natural light.
The apartment is leasehold with 104 years remaining and a modest ground rent of £175 per year. The interior is modern and open-plan, with an integrated kitchen and a contemporary bathroom. Broadband speeds in the building are reported as very slow, which could affect some tenants or require an upgrade at purchaser expense.
The neighbourhood is a cosmopolitan, multicultural student area with strong transport links and abundant amenities nearby. Crime levels are recorded as very high for the immediate area; buyers should factor this into insurance and tenant screening considerations. Overall this is a straightforward, affordable city-centre buy with clear rental history and accessible maintenance responsibilities.
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