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Mill Road, Gateshead NE8 1 bed flat for sale
Mill Road, Gateshead, NE8
£107,000
Mill Road, Gateshead, NE8
£107,000
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)
- Investment potential detailed below (Let Property Pack)
Description
This 1-bedroom flat in Gateshead offers a fantastic investment opportunity for those looking to expand their portfolio. The property features a bedroom, lounge, kitchen with office area, and three-piece bathroom, as well as communal private parking and a front garden. Currently generating an annual gross income of £9,780, it has strong potential for rental returns. The current tenants, who have been in residence for a year, wish to continue their tenancy, providing a secure and hassle-free investment. With a dedicated office area, this property offers a unique blend of living and working space, making it an attractive option for investors seeking a worthwhile addition to their portfolio.