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Fletcher Road, Gateshead NE8 2 bed flat for sale
Fletcher Road, Gateshead, Tyne And Wear, NE8
£168,000
Fletcher Road, Gateshead, Tyne And Wear, NE8
£168,000
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 well-maintained property features two bedrooms, an ensuite bathroom, modern lounge, kitchen, balcony, and allocated parking, all in good condition. Currently, the property produces an annual gross income of £14,400, which could be increased to £15,600 with a new owner. The current tenants, who have been paying rent consistently, have no intention of moving out and are willing to remain in the property. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.