Ovett Gardens, Gateshead NE8 2 bed flat for sale

>

Ovett Gardens, Gateshead NE8 2 bed flat for sale

Ovett Gardens, Gateshead NE8
£90,000

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)

Description

This 2-bedroom flat in Gateshead offers a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, and bathroom. Currently, it generates an annual gross income of £9,000, which could be increased to £9,264 with a new owner. The property is already tenanted with long-term occupants who have consistently paid their rent and have no plans to move out. With its proximity to amenities and potential for increased rental income, this property presents a worthwhile addition to any investor's portfolio.