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Sanderson Villas, Gateshead NE8 2 bed flat for sale
Sanderson Villas, Gateshead, NE8
£100,000
Sanderson Villas, Gateshead, NE8
£100,000
Our Summary
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
- 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 offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features a lounge, bathroom, kitchen, and shared private parking. Currently, it generates an annual gross income of £7,800 with a tenant already in situ, and with a potential for future rental income, it presents a worthwhile addition to an investor's portfolio. The current tenants, who have lived in the property for several years, have consistently paid their rent and do not intend to move out, ensuring a smooth transition for the new buyer.