This is a prime city centre investment opportunity in Newcastle upon Tyne, offering 42 apartments let on individual ASTs, generating a current gross income of £376,680 per annum. The property benefits from a rare city centre location with private parking for 19 cars, excellent transport connectivity, and proximity to both Newcastle and Northumbria Universities. The apartments are a mix of one, two, three, and studio bedrooms, with 13 units on periodic rolling tenancies and 29 on individual standard ASTs. The property has a low passing rent with potential to significantly increase value, with a conservative ERV of £431,340 per annum. The current net income is £313,849 per annum, with three-year average management costs of £62,831 per annum. This investment offers a unique opportunity to increase income and value, making it an attractive option for investors seeking a stable and growing income stream.