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2 bedroom flat for sale
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF
£150,000
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF
£150,000
Our Summary
- Guide Price £150,000 For sale by unconditional online auction on the 30th of July 2025
- Investment Opportunity: Stunning 2 Bed Flat For Sale In Prime Location In Newcastle Description Property Overview: Location: 22 Merchants Quay, Newcastle, NE1 3RF Property Type: Flat Bedrooms: 2 Bathrooms: 1 Tenure: Leasehold Tenancy Status: Vacant Investment Strategy: Buy-to-Let Potential Rental Figures: Potential Monthly Rent: £1,300 Potential Yearly Income: £15,600 Potential Yield: 9
- 75% Investment Potential: Strong Rental Demand 15 Minute Walk From Newcastle City Centre In-House Letting & Management Services Available
Description
This stunning 2-bedroom flat is being sold by unconditional online auction on July 30th, 2025, with registration open now and bidding starting at 10:00 and ending at 13:00. Located in a prime location in Newcastle, the property is a lucrative investment opportunity with potential rental figures of £1,300 per month, £15,600 per year, and a yield of 9.75%. The flat is situated in a strong rental demand area, just a 15-minute walk from Newcastle City Centre, and in-house letting and management services are available for added convenience. With a guide price of £150,000, this property is an attractive option for buy-to-let investors looking to capitalize on the city's thriving rental market.