This 1-bedroom flat in Newcastle Upon Tyne is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a bathroom, kitchen, and one bedroom, and is currently generating an annual gross income of £11,400. With long-term tenants already situated, the new owner could increase the rental income to a market rate of £12,000. The property has a stable tenant in place, with the current occupants having lived in the property for several years and consistently paying their rent. With a purchase price that offers a worthwhile return on investment, this property is a great addition to any portfolio.