This 1-bedroom flat in New Castle Upon Tyne is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bedroom, bathroom, and kitchen. Currently, it produces an annual gross income of £11,400, which could be increased to £12,000 with long-term tenants already in place. The tenants have been paying rent consistently for several years and intend to stay, making for a smooth transition. With a purchase price that allows for a worthwhile addition to an investor's portfolio, this property offers a rewarding rental return and is well worth considering.