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Fletcher Road, Gateshead NE8 2 bed flat for sale
Fletcher Road, Gateshead NE8
£161,000
Fletcher Road, Gateshead NE8
£161,000
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 an excellent investment opportunity for those looking to expand their portfolio. The property is well-maintained and features modern amenities, including two bedrooms, an ensuite bathroom, lounge, kitchen, balcony, and allocated parking. The current tenant has been paying £14,400 per annum and the property has the potential to generate a higher income of £15,600 per annum with a new owner. The current tenant has been consistently paying rent and has no intention of moving out, making it a stable and reliable investment. With a purchase price and rental income that will make for a worthwhile addition to an investor's portfolio, this property is a fantastic opportunity for those looking to grow their investment portfolio.