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1-bed apartment for sale
North Tyneside, North East
23.406 €
Listed Apr 13, 2026
About this listing
FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 4th MAY AT 1PM WITH AUCTIONHOUSE.CO.UK/SOUTHYORKSHIRE For sale by auction is this vacant one-bedroom apartment, in a consistently strong rental and resale location within NE29. The property extends to approximately 43m² as per the EPC. The accommodation is arranged over one floor and offers well-proportioned rooms. With an Entrance Hall, a Living Room, a Kitchen, a Bedroom and a Bathroom. Externally, there is residents parking available to the rear of the property, and communal gardens.
________________________________________ Investment/Rental opportunity
Once renovated, we expect an achievable rental income of £800pcm / £9,600 pa.
________________________________________ Investment Rationale
NE29 remains a well-established location popular with:
• Young professionals
• Students
• Working tenants
• Owner-occupiers
The area benefits from strong transport links and convenient access to key employment hubs.
Following refurbishment, the property offers:
• Strong gross yield potential
• Attractive resale comparables (flip strategy)
• Long-term capital growth prospects
________________________________________ Tenure
Assumed Leasehold
Vacant Possession
________________________________________ Auctioneer’s Note
This property presents a versatile investment opportunity offering both rental potential and strong resale comparables. Buyers must satisfy themselves regarding planning, licensing requirements, and any comparable sales prior to bidding.
________________________________________ Tenure: Leasehold 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.Show more
What's included
Parking
Key Stats
Bedrooms1
Bathrooms1
SubtypeStandard flat
HeatingAsk Agent
MunicipalityNorth Tyneside