Mill Road, Gateshead NE8 1 bed flat for sale

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Mill Road, Gateshead NE8 1 bed flat for sale

Mill Road, Gateshead NE8
£102,000

Our Summary

  • It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
  • 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 investor's property portfolio
  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 1-bedroom flat in Gateshead is an excellent investment opportunity, offering a tenant in residence and strong potential for rental returns. The property features one bedroom, a lounge, kitchen with office area, and three-piece bathroom, as well as communal private parking and front garden. Currently generating an annual gross income of £9,780, it presents a worthwhile addition to an investor's portfolio. The tenants, who have been in residence for a year, have consistently paid their rent on time and wish to continue their tenancy. With a Let Property Pack available for further details, this is a fantastic chance for investors to expand their portfolio and enjoy a steady income stream.