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1 bed flat
Grisedale Gardens, Gateshead NE9
£68,000
Grisedale Gardens, Gateshead NE9
£68,000
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)
Description
This 1-bedroom flat in Gateshead is a fantastic investment opportunity for those looking to expand their portfolio. 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 have a good payment history, with no plans to move out. The property also offers a lounge, kitchen with dining, and three-piece bathroom, as well as on-street parking and a communal front garden. With its strong potential for rental returns and a tenant already in place, this property is a worthwhile addition to any investor's portfolio.