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6 bedroom terraced house for sale
Eastbourne Avenue, Gateshead, Tyne And Wear, NE8
£205,000
Eastbourne Avenue, Gateshead, Tyne And Wear, NE8
£205,000
Our Summary
- Two Freehold Investment Properties Offering Strong Rental Returns Presenting a fantastic opportunity for investors, this pair of tenanted freehold properties in Gateshead combines stable rental income with potential for future growth
- Property 1 - 61 Upstairs This spacious upper-floor property boasts one bedroom, one bathroom, and an additional box room with conversion potential
- Currently achieving £800pcm, with scope to increase to £900pcm, this property is ideal for tenants seeking versatile and modern living space
- Investment Potential Combined, these properties generate £1,400pcm in rental income, with room for growth
- Contact us today to discuss the potential of these exceptional investment properties
Description
This pair of freehold investment properties in Gateshead offers a fantastic opportunity for investors seeking stable rental income and potential for future growth. The properties, located on Eastbourne Avenue, comprise a spacious one-bedroom apartment on the upper floor and a well-maintained ground-floor unit. Both properties are currently tenanted, with Property 1 generating £800pcm and Property 2 earning £600pcm. With a combined rental income of £1,400pcm, there is room for growth as the properties benefit from a high demand for rental properties in the area. The freehold status ensures long-term investment value with minimal complications, making them an attractive option for investors looking to expand their portfolio with low-maintenance assets.