Ovett Gardens, Gateshead NE8 2 bed flat for sale

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Ovett Gardens, Gateshead NE8 2 bed flat for sale

Ovett Gardens, Gateshead, E8
£92,000

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 is a fantastic investment opportunity, with a current tenant in situ and generating an annual gross income of £9,000. The property is well-maintained and features 2 bedrooms, a lounge, kitchen, and bathroom. With a market rate of £9,264, there is potential for increased rental returns for the new owner. The current tenants have been long-term residents, paying rent consistently for several years, and have no plans to move out. This makes for a worthwhile addition to an investor's portfolio, with Let Property Sales committed to facilitating a smooth transaction process.