Worsdell Drive, Gateshead NE8 2 bed flat for sale

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Worsdell Drive, Gateshead NE8 2 bed flat for sale

Worsdell Drive, Gateshead, Tyne And Wear, NE8
£144,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, a lounge, a kitchen, an ensuite, a balcony, and a parking space. It currently generates an annual gross income of £13,200, which could be increased to £14,400 with a new owner. The current tenants, who have lived in the property for several years, are long-term and have consistently paid their rent, with no intention to move out. With a strong rental income and potential for growth, this property is a worthwhile addition to any investment portfolio.