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"For Sale by Online Unconditional Auction 27 03 2025 12 00 Terms and Conditions Apply.

Investment Opportunity Spacious Three Bedroom Apartment in Newcastle City Centre

We are pleased to present this well appointed three bedroom apartment located on Pudding Chare, a historic and charming lane nestled in the heart of Newcastle upon Tyne. Currently tenanted, the property offers an immediate rental income of £1,554 per month £18,648 per annum , making it an attractive investment opportunity.

Property Features

Bedrooms Three Bedrooms, including a master bedroom with an en suite shower room.
Kitchen Equipped with a range of wall and base units and appliances.
Living Area Spacious and inviting, perfect for relaxation and entertaining.
Bathrooms A well appointed main bathroom with a modern three piece suite.
Floor Located on the 4th Floor.
Lift The building is equipped with a lift for easy access.
Balcony All three bedrooms have access to a balcony and receive plenty of sunlight.
Location Pudding Chare is a narrow, winding lane rich in history, dating back to the 14th century. Its central location provides residents with unparalleled access to Newcastle s vibrant city life. Within walking distance, you ll find an array of amenities, including shops, restaurants, bars, and cultural attractions. The property is also conveniently located close to Newcastle University Business School, other campuses, and the Eldon Square shopping mall. Additionally, it is next to Vita Student Student Accommodation , making it an ideal location for students and professionals alike. Excellent transport links are nearby, with Newcastle Central Station just a short stroll away, offering easy connectivity to the wider region.

Investment Details

Tenancy The property is currently tenanted, providing a steady rental income.
Rental Yield With a monthly rent of £1,554, this property offers strong rental returns.
HMO License There is currently an HMO license allowing the property to be rented out as three bedrooms to three tenants students professionals .
Additional Information Please note the Annual Service Charge includes an unlimited water bill of £554.56 within the total cost of £1,930.66.

This property represents a rare opportunity to acquire a tenanted apartment in a prime city centre location. Whether you re an investor seeking a property with immediate returns or a buyer looking for a future home in the heart of Newcastle, this apartment is worth serious consideration.

For further details or to arrange a viewing, please contact our office at your earliest convenience.

Agents Note Pattinson have not inspected the property at this time.

Council Tax Band D
Tenure Leasehold
Length Of Lease 101 years
Annual Ground Rent Amount £50.00
Annual Service Charge Amount £1,930.00"