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3 bed property, in Melbourne Street, £181,000
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3 bed flat

Melbourne Street, Newcastle Upon Tyne NE1
£181,000
-7.2%
Leasehold

Price History

Initial price £195,000
Nov 28, 2025 £189,000
Dec 13, 2025 £185,000
Jan 21, 2026 £190,000
Jan 31, 2026 £187,000
Mar 2, 2026 £190,000
Mar 3, 2026 £190,000
Mar 7, 2026 £185,000
Mar 18, 2026 £180,000
Mar 28, 2026 £175,000
Apr 22, 2026 £190,000
May 1, 2026 £185,000
Jun 5, 2026 £181,000
Price Change -7.2%

This 3-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 three comfortable bedrooms, a modern bathroom, spacious living room, and private underground parking. Currently, it generates an annual gross income of £16,800 with tenants already in situ, and with its potential for future rental income, it's a worthwhile addition to an investor's portfolio. The current tenants have been long-term residents and have consistently paid their rent, with no intention of moving out. The seller is committed to a smooth transaction process, making this a great chance for investors to secure a lucrative property with a stable tenant in place.