>
2 bedroom flat for sale
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF
£120,000
Apartment 22 Merchants Quay, 46-54 Close, Newcastle upon Tyne, Tyne and Wear, NE1 3RF
£120,000
Our Summary
- Guide Price £120,000 - £180,000 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 up for sale by unconditional online auction on July 30th, 2025, with a guide price of £120,000-£180,000. Located in a prime spot at 22 Merchants Quay, Newcastle, the property offers a vacant tenure and is suitable for a buy-to-let investment strategy. With potential monthly and yearly rental figures of £1,300 and £15,600 respectively, the property boasts a yield of 9.75%. The flat is situated just a 15-minute walk from Newcastle City Centre, making it a highly desirable location for tenants. Additionally, the vendor offers in-house letting and management services to help maximize the property's rental potential.