3 bedroom flat for sale

Auction Commencing on Monday 16th February at 1pm and ending 24 hours later on Tuesday 17th February from 1pm with Auction House North East

Please register to bid via our website - auctionhouse.co.uk/northeast

Stylish Three Bedroom City Centre Apartment with parking
Tenanted and achieving £2,200 pcm (£26,400 annually)

Located on one of Newcastle’s most iconic streets, this well presented three bedroom apartment offers contemporary city living.

The accommodation comprises a spacious open-plan living and kitchen area, master bedroom with en-suite, main bathroom and two further bedrooms.

Grey Street is renowned for its historic charm and vibrant cultural scene, offering immediate access to a wide range of restaurants, bars, theatres, and retail amenities. Excellent transport links are available via Newcastle Central Station and nearby Metro services, making commuting straightforward.

The property is held on a leasehold basis and is currently let at a rent of £2,200 per calendar month. Monthly management costs are £602.38, equating to approximately £7,200 per annum.

This apartment presents an attractive investment opportunity in a prime city-centre location, combining strong rental income with a prestigious address and long-term demand.

Tenure: Freehold

EPC Rating: E

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.