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Sponsored Get a Survey — free quotes via ReallyMoving
1 bed flat
Temple Street, City Centre, Newcastle Upon Tyne NE1
£950,000
-2.6%
Next Steps
Sponsored — free quotes via ReallyMoving
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Price History
Initial price £975,000
May 7, 2026 £950,000
Price Change -2.6%
Our Summary
- Portfolio Includes: - 3 × 1-bedroom apartments - City Gate, St James' Blvd, NE1 4DL - 1 × 2-bedroom apartment - The Chare, NE1 4DD - 1 × 2-bedroom apartment - The Open, NE1 4DB - 1 × 1-bedroom apartment - The Paintworks, Rutherford St, NE4 5DP - 1 × 3-bedroom apartment - Peel House, Temple Street, NE1 4BP Key Features: - All properties fully occupied with immediate rental income - Prime city centre locations with strong tenant demand - Excellent potential for capital growth - Turnkey investment with diversified property mix - Potential to increase rents to achieve gross yield 10
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Description
The property is a 7-property portfolio in prime Newcastle city centre locations, consisting of 3 x 1-bedroom apartments, 2 x 2-bedroom apartments, and 2 x higher-value apartments (1 x 1 and 1 x 3 bedrooms). It comprises a total of 11 rooms and is fully occupied, generating a gross annual rental income of £86,520. The properties are located at City Gate, The Chare, The Open, The Paintworks, and Peel House, and are close to high-demand areas.