1 bedroom property for sale

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1 bedroom property for sale

Clayton Street, Newcastle upon Tyne, Tyne and Wear, NE1 5PZ
£255,000

Our Summary

  • Pattinson are pleased to offer this appealing residential investment opportunity of three self-contained one bedroom apartments, located in the centre of Newcastle upon Tyne

Description

Pattinson is offering a unique investment opportunity in the heart of Newcastle upon Tyne, comprising three self-contained one-bedroom apartments on Clayton Street, a bustling retail street in the city's main leisure district. The property is located within the historic Grainger Town area and is let at a rent of £550 per month, generating an annual income of £19,800. This presents a sale opportunity with a Net Initial Yield of 8.75%, making it an attractive investment prospect for those looking to capitalize on the city's thriving rental market.
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