£255,000
Est. Mortgage £1,163 per month*

1 bedroom property for sale

Tyne and Wear, NE1 5PZ
property property
bedroom 1 bedroom

Property description

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. The property is situated on the bustling Clayton Street and is set within the main leisure district of the city centre. Clayton Street is an established retail street, stretching from Greys Monument down to Westgate Road, within the historic area of Grainger Town.

The three residential apartments are each let at a rent of £550 per calendar month which equates to £19,800 per annum. A sale at the purchase price would reflect a Net Initial Yield of 8.75%.

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Tyne and Wear, NE1 5PZ

Marketed by

Pattinson - Commercial 2 Hill Street, Gateshead Tyne and Wear NE8 2AS
Call agent on 0191 392 0913
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Tyne and Wear, NE1 5PZ - Streetview

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