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3 bedroom semi-detached house for sale
Fern Dene Road, Gateshead
£140,000
Fern Dene Road, Gateshead
£140,000
Our Summary
- Charming 3-Bedroom Semi-Detached Home near Saltwell Park, GatesheadOIEO £140,000Location: Fern Dene Road, Gateshead, Tyne & Wear, NE8 4RYFloor Area: 1,001 sq ft / 93 m²Tenure: FreeholdOverviewSituated in a desirable location close to the expansive Saltwell Park, this spacious 3-bedroom semi-detached house offers excellent investment potential with current tenants in situ since 2018
- Currently rented at £650 per month, this property has potential for rental growth to between £700 and £725 per month if re-let
- For InvestorsWith the Gateshead rental market continuing to see steady demand, this property presents a solid investment opportunity with reliable, long-term tenants in place
- Built: 1950-1966Broadband Availability: Ultrafast (up to 1000 Mbps), with BT, Sky, and Virgin satellite & cable options availableThis property offers a rare opportunity to own a semi-detached home with established tenants, rental growth potential, and strong transport links, all set within the thriving Gateshead rental market
Description
This charming 3-bedroom semi-detached home is situated in a desirable location near Saltwell Park in Gateshead, Tyne & Wear. With a floor area of 1,001 sq ft, the property boasts a generous space and a rear garage. Currently rented at £650 per month, it has potential for rental growth to between £700 and £725 per month. The property is ideal for investors seeking reliable returns and long-term growth, with the Gateshead rental market continuing to see steady demand. With its prime location, freehold tenure, and local amenities including schools, healthcare facilities, and leisure activities, this property presents a solid investment opportunity. Additionally, the property is well-connected to Newcastle city centre and has easy access to the A167 and A1(M) roads, making it an attractive option for those looking to invest in the area.