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Mill Road, Gateshead NE8 1 bed flat for sale
Mill Road, Gateshead, NE8
£120,000
Mill Road, Gateshead, NE8
£120,000
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 a fantastic investment opportunity for those looking to expand their portfolio. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £9,780. 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 communal front garden. The current tenants have been paying rent on time and wish to continue their tenancy, providing a stable and reliable income stream for the new owner. With its strong potential for rental returns and a tenant already in place, this property is a worthwhile addition to any investor's portfolio.