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Saltwell Road, Gateshead NE8 2 bed flat for sale
Saltwell Road, Gateshead NE8
£50,000
Saltwell Road, Gateshead NE8
£50,000
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 2-bedroom flat in Gateshead is a great investment opportunity, conveniently located near essential amenities and with a tenant already in residence. The property features two bedrooms, a three-piece bathroom, a lounge, and a kitchen, as well as a communal rear garden. Currently, it generates an annual gross income of £5,864, making it a worthwhile addition to an investor's portfolio. The current tenants have been paying their rent on time and wish to continue their tenancy, providing a smooth transition for the new buyer. With its strong potential for rental returns and convenient location, this property is a fantastic opportunity for investors looking to expand their portfolio.