Durham Road, Gateshead, NE8 5 bed flat for sale

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Durham Road, Gateshead, NE8 5 bed flat for sale

Durham Road, Gateshead, NE8
£230,000

Our Summary

  • Modernisation would be beneficial with increased returns from rental yields as a result
  • To see the properties full potential they must be viewed, please call our West Road office to book

Description

Presenting Durham Road, a pair of upper and lower flats that offer a unique investment opportunity. The properties, which can be modernized to increase rental yields, feature a combination of traditional elements and unique features. The upper flat, 73b, boasts a spacious lounge with large windows, tall ceilings, and a fireplace, as well as a well-sized kitchen and three bedrooms, including a master bedroom with a dormer window. The lower flat, 73a, features a spacious lounge, a kitchen with dining table, and three bedrooms, including a master bedroom with built-in storage space. Both properties have a shared rear yard and street parking at the rear. With a total rental income of £1,050 per month, these flats offer a great return on investment. The properties are well-connected, with easy access to the A167(M), Gateshead Interchange, and Metro services to Newcastle, as well as a range of local amenities, including shops, cafes, and restaurants.
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