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Grisedale Gardens, Gateshead NE9 1 bed flat for sale
Grisedale Gardens, Gateshead, NE9
£66,000
Grisedale Gardens, Gateshead, NE9
£66,000
Our Summary
- It is conveniently close to essential amenities, offers strong potential for rental returns, and has a tenant in residence
- Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investor's property portfolio
- 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 1-bedroom flat in Gateshead is a fantastic investment opportunity, offering strong potential for rental returns. The property is conveniently located near essential amenities and has a tenant in residence, generating an annual gross income of £5,520. The current tenants have been living in the property for 9 years and wish to continue their tenancy, providing a stable and reliable income stream. The property also benefits from on-street parking and a communal front garden, making it a worthwhile addition to an investor's portfolio. With its low maintenance costs and potential for long-term rental income, this property is a great opportunity for investors looking to expand their portfolio.