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2 bed flat
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Price History
Our Summary
- INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
- Investment Opportunity
- Please see the Let Property Pack linked below for greater details on this property's investment potential
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Description
This 2-bedroom flat in Gateshead is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, a bathroom, and a kitchen. Currently, it produces an annual gross income of £9,588, which could increase to £10,200 with long-term tenants already in place.
The tenants, who have been living in the property for several years, have consistently paid their rent and do not intend to move out. With a purchase price and potential rental returns, this property offers a worthwhile addition to an investor's portfolio.