This studio flat is a fantastic opportunity for cash buyers, located on the ground floor of a quiet estate with a short lease. The property is compact and simple, making it perfect for those who want a low-maintenance living space. It's within walking distance to local shops, amenities, and schools, as well as bus routes into Newcastle City Centre. The property is currently tenanted at £375 per month, with a yield of over 11%, and the tenant has glowing references and would like to remain. The property comes with a leasehold tenure, with 42 years remaining, and a ground rent of £50 per year, as well as a service charge of £65 per month.