>
1 bedroom flat for sale
Mill Road, Gateshead, NE8
£110,000
Mill Road, Gateshead, NE8
£110,000
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 is an attractive investment opportunity, offering strong potential for rental returns and already having a tenant in residence. The property features one bedroom, a lounge, a kitchen with a dedicated office area, and a three-piece bathroom, as well as communal private parking and a front garden. Currently generating an annual gross income of £9,780, this property has a lot to offer investors looking to expand their portfolio. With a tenant who has been paying rent on time and wishes to continue their tenancy, the sale is expected to be a smooth transaction. The property has a lot of potential for future rental income, making it a worthwhile addition to an investor's portfolio.