7 bed block of flats for sale

Flat 1, 2 & 3 Senate House, Hexham Road, Newcastle Upon Tyne, Tyne And Wear NE15

For sale by auction on Wednesday, 08 Apr 2026 at 11:00

Venue: Live Stream

Investment Opportunity: Three Self-Contained Flats Sold Together!

1 x 3 bed & 2 x 2 beds - all currently tenanted to longstanding tenants with a combined annual rental income of £21,660!

A rare opportunity to acquire three self contained flats, sold as a single lot, providing an excellent income producing investment.

All flats are arranged on one floor, with separate access via a shared lobby.

Flat 1: Sitting/dining room, kitchen, two bedrooms, bathroom, and dressing area – currently let at £650 pcm, £7,800 annually

Flat 2: Sitting/dining room with kitchen area, two bedrooms, bathroom, and en-suite – currently let at £560 pcm, £6,720 annually

Flat 3: Sitting/dining room, kitchen, two bedrooms, bathroom, and dressing area – currently let at £595 pcm, £7,140 annually

Total annual rental income: £21,660

Located in the village of Throckley, on the western outskirts of Newcastle upon Tyne, the property benefits from excellent transport links. The A69 and A1 Western Bypass are nearby, and regular bus services provide easy access to the city centre, making this a convenient, well connected location for tenants.

This lot presents a turnkey investment with immediate rental income and strong potential for future growth.

EPC Rating: C

Additional Fees
Administration Charge - £3600 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.