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2 bedroom flat for sale
Fern Dene Road, Gateshead
£85,000
Fern Dene Road, Gateshead
£85,000
Our Summary
- Investment Potential:With its location and features, this property presents an appealing investment prospect that could bring in a 10% yield
- With a bit of TLC, you could turn this property into a long-term home for a tenant while bringing in a good rental yield
Description
This two-bedroom, one-bathroom flat on Fern Dene Road offers a unique investment opportunity with potential for a 10% yield. The property is located in a family-friendly area with great schools and local shops nearby, making it an ideal spot for first-time buyers. With its prime location, it's just a 10-minute drive from the Metrocentre and Newcastle City Centre, and a 7-minute drive from Gateshead Metro Station. The flat features a bright living room with a fireplace, a galley kitchen with built-in appliances, and two bedrooms, one with a decorative fireplace and bay window. The property also has an enclosed yard to the rear and on-street parking to the front. With its proximity to local amenities, including a hospital, schools, shops, and takeaways, this property is an attractive option for those looking to buy or invest.