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
£110,000

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 and the potential for future rental income. The well-kept property features an open-plan lounge and kitchen, 2 bedrooms, and a sleek bathroom, as well as private front and back garden spaces and convenient on-street parking. Ideally situated close to local amenities, the property is currently tenanted and the tenants have consistently paid their rent, with no intentions to move out. With its excellent rental returns and potential for future growth, this property is a worthwhile addition to any investor's portfolio.