Howe Street, Gateshead NE8 3 bed flat for sale

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Howe Street, Gateshead NE8 3 bed flat for sale

Howe Street, Gateshead, NE8
£70,000

Our Summary

  • First Floor flat with no chain and some updating required
  • Investment Opportunity

Description

This first-floor flat is available for sale with no chain and requires some updating. Currently rented out for £650 per month, it offers a gross yield of 11.14% against the asking price, making it an attractive opportunity for investors. The property has a valid EPC, EICR, and gas safety certificate until 2026, and comes with double glazing and gas central heating. Comprising two bedrooms, a lounge, dining room, kitchen, and bathroom, the flat also has a private rear yard. With a lease of 999 years from 2003, the property falls into Council Tax Band A and has no service charge or ground rent payable. Perfect for first-time investors or those looking to add to their portfolio, this property presents a great chance to generate a steady income.