59, Mather Road, Newcastle, NE4 7SH
Wilsons AuctionsWilsons Auctions is the UK and Ireland’s largest independent auction company, offering nationwide coverage and over 3,100 auctions annually. Established in 1936, they handle everything from vehicles and property to luxury assets like supercars, yachts, and cryptocurrency.
Read more Read moreA one-bedroom first-floor flat is available for sale by public auction. The property is situated within a residential block, close to local amenities and transport links. The layout includes a living room with an open-plan kitchen, a double bedroom, and a bathroom, all of which require updating. The flat presents an opportunity for refurbishment and has potential as a buy-to-let investment or an affordable home. The gross rental yield is estimated at 20% based on a purchase price of £30,000 and a rental income of £500 per month. The property is located in Newcastle upon Tyne, known for its vibrant atmosphere, excellent transport links, and proximity to shops, restaurants, and cultural venues.
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