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Tynemouth Pass, Gateshead NE8 2 bed flat for sale
Tynemouth Pass, Gateshead NE8
£129,500
Tynemouth Pass, Gateshead NE8
£129,500
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 offers 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, currently producing an annual gross income of £10,200. The flat features two bedrooms, two bathrooms, a lounge, and a kitchen, as well as communal private parking. The current tenants have been renting the property for over a year and have a consistent payment history, making it a worthwhile addition to an investor's portfolio. With its strong potential for rental returns and a tenant already in place, this property is a great opportunity for investors to maximize their returns.