Foster Drive, Gateshead NE8 2 bed flat for sale

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Foster Drive, Gateshead NE8 2 bed flat for sale

Foster Drive, Gateshead NE8
£82,000

Our Summary

  • Please see the Let Property Pack linked below for greater details on this property's investment potential
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 2-bedroom flat in Gateshead is a lucrative investment opportunity for those looking to expand their portfolio. The property is currently producing an annual gross income of £9,588, which could increase to £10,200 with long-term tenants already in place. The tenants, who have been residing in the property for several years, have a good payment history and intend to remain in the property. With its well-kept condition and valuable amenities nearby, this flat is a worthwhile addition to any investor's portfolio. The current owner is willing to sell, and Let Property Sales is committed to facilitating a smooth transaction process.