Durham Road, Gateshead NE8 2 bed flat for sale

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Durham Road, Gateshead NE8 2 bed flat for sale

Durham Road, Gateshead, NE8
£105,000

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)

Description

This 2-bedroom flat in Gateshead is a fantastic investment opportunity, offering a current annual gross income of £9,000 from its tenant-occupied status. The well-maintained property features an open-plan lounge and kitchen, 2 bedrooms, and a sleek bathroom, as well as private front and back garden spaces and on-street parking. Its proximity to local amenities makes it an ideal choice for modern living. With a tenant already in place, the current owners are looking to sell, providing a smooth transaction process for the buyer. The property has the potential to generate rewarding rental returns for investors, making it a worthwhile addition to any portfolio.