Tynemouth Pass, Gateshead NE8 2 bed flat for sale

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Tynemouth Pass, Gateshead NE8 2 bed flat for sale

Tynemouth Pass, Gateshead, NE8
£119,000

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 2-bedroom flat in Gateshead is an attractive investment opportunity, with a current tenant in residence and a strong potential for rental returns. The property features two bedrooms, two bathrooms, a lounge, and a kitchen, as well as communal private parking. With an annual gross income of £10,200, it offers a worthwhile addition to an investor's portfolio. The current tenants have been paying their rent on time and wish to continue their tenancy, making for a smooth transaction process. With its convenient location and potential for long-term rental income, this property is a fantastic opportunity for investors looking to expand their portfolio.