Ripon Street, Gateshead NE8 2 bed flat for sale

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Ripon Street, Gateshead NE8 2 bed flat for sale

Ripon Street, Gateshead, NE8
£80,000

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 fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features 2 bedrooms, lounge, kitchen, bathroom, and street parking. Currently, it produces an annual gross income of £7,140, which has the potential to increase to £7,560 with a new owner. The property already has long-term tenants in place, who have consistently paid their rent and have no plans to move out. With a worthwhile addition to an investor's portfolio, this property presents a great opportunity for those looking to generate rewarding rental returns.