2 bedroom flat for sale

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2 bedroom flat for sale

Moore Street, Gateshead, Tyne and Wear, NE8
£88,000

Our Summary

  • 2 Bedroom Apartment – Moore Street, Gateshead NE8 3PNAn excellent investment opportunity in Gateshead – this well-presented two bedroom property is currently tenanted at £800 per calendar month, offering an attractive yield in excess of 10%

Description

This two-bedroom apartment in Gateshead offers an excellent investment opportunity, currently tenanted at £800 per month, providing a yield exceeding 10%. The property features two well-proportioned bedrooms, a modern bathroom suite, a spacious living area, and a separate fitted kitchen. Located close to local amenities, shops, and transport links, it provides easy access to Newcastle city centre and surrounding areas. With a long lease of approximately 984 years remaining and Council Tax Band A, this property represents a ready-made investment with strong rental returns in a popular and well-connected location.