This 1-bedroom flat in Gateshead is a fantastic investment opportunity, offering strong potential for rental returns. With a tenant in residence, the property currently generates an annual gross income of £5,520, and considering the purchase price, it has the potential to be a worthwhile addition to an investor's portfolio. The property itself is conveniently located near essential amenities and features one bedroom, a lounge, a kitchen with dining, and a three-piece bathroom, as well as on-street parking and a communal front garden. The current tenants have been residing in the property for 9 years and have consistently paid their rent on time, making it a stable and secure investment.