Ovett Gardens, Gateshead NE8 2 bed flat for sale

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Ovett Gardens, Gateshead NE8 2 bed flat for sale

Ovett Gardens, Gateshead NE8
£85,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Gateshead offers a lucrative investment opportunity for investors looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £9,000, which could be increased to £9,264 with a new owner. The property has long-term tenants who have been paying rent consistently for several years and have no plans to move out, making it a stable and reliable investment. With its proximity to amenities and potential for increased rental income, this property is a fantastic opportunity for investors looking to add to their portfolio.